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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (5725)4/1/2008 9:11:36 AM
From: RockyBalboa  Read Replies (1) of 71403
 
The EUR is partly backed by subprimes. This is evidently bearish. Without much fanfare, the ECB has quietly set up a multibillion TSF operation to save Spanish Banks which otherwise would have gone under. Another big part is Italy ....

In earnest would you like to have a major company in your portfolio whose numbers shall not be relied upon?
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