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Back to the basics - painful but necessary

THERE really should be no surprises at Wall Street's sudden collapse over the past month. A market that set maybe 70 all-time highs last year and at least a dozen more this year with only a stuttering, artificially juiced-up economy to provide the backdrop justification should have set the warning bells ringing a long time ago, especially considering that the main driver of those all-time highs, the US Federal Reserve's quantitative easing (QE) or money printing, is due to end this month.

But will...

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