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Hi Cheryl,

In my opinion
The Feds think the entire U.S. (and World) financial system was possibly on the verge of implosion (or Free Fall). Not so much a ripple effect as a tsunami. A Crisis of Confidence that had to be stopped dead in its tracks.

Mind numbingly scary.

So they've taken a very brief time-out until they can begin to determine what they need to do next. A calming down period because too many people are panicking and too many others are exploiting that panic.

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