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Strategies & Market Trends : The coming US dollar crisis

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To: Sea Otter who wrote (40422)7/27/2011 3:08:40 PM
From: marcher   of 71466
 
--Mr. Aronson adds, his firm hasn't done anything to protect against the risk of a crisis in the Treasury market. "We've thought about it, but we don't know what to do," he says. "As best we can figure it, there isn't anything we can do."--

private incentive to not-know. leadership by the unknowing and unremembering.

"...Plausible deniability is, at root, credible ( plausible) ability to deny a fact or allegation, or to deny previous knowledge of a fact. The term most often refers to the denial of blame in (formal or informal) chains of command, where upper rungs quarantine the blame to the lower rungs, and the lower rungs are often inaccessible, meaning confirming responsibility for the action is nearly impossible. In the case that illegal or otherwise disreputable and unpopular activities become public, high-ranking officials may deny any awareness of such act or any connection to the agents used to carry out such acts..."

en.wikipedia.org

hey, where's carney? must be setting-up the new act in ring 3.
upload.wikimedia.org
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