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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 371.65

-1.1%

Nov 17 4:00 PM EST

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To: Ilaine who wrote (55420)	9/25/2009 9:54:04 AM
From: elmatador	Read Replies (2) of 217847

Why Europeans are afraid: "hard to think of a parallel in history. A country heavily in debt to foreigners, with a government deficit it is making little attempt to control, is creating vast amounts of additional currency. Yet it is allowed to get away with very low interest rates. Eventually such an arrangement must surely break down and a new currency system will come into being, just as Bretton Woods emerged in the 1940s. Chucking the buck economist.com Thus, Europeans are afraid we will come on top and they will have to tow the line.

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