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Re:Warren Buffett explains the credit crisis to Charlie Rose by Prrometheus on Thursday October 02, 2008 @12:48PM (#321870)
>It seems like a smaller amount of money could be used to fix the confidence problem and get the "wheels of credit" turning again

The wheels of credit are turning, just not for the real estate sector:

http://mjperry.blogspot.com/2008/09/new-banking-data-wheres-...

Fears of the credit market freezing up and plunging us into a depression are just that: fears.

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