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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (39855)	10/31/2010 1:31:54 PM
From: Grantcw	Read Replies (2) of 78702

OT - True, the U.S. needs to get on an austerity plan as soon as reasonably possible. Europe is ahead of us. That being said, the one thing I think we have going for us is that if the big banks were too big to fail, then I've got to believe that the U.S. is too big to fail for the world. I'm not sure how that will work out for us in the end, but hopefully it will somehow work out and the world will somehow figure out a way for the U.S. to get out if it's fiscal issues. It's sad that this is my main hope for our country right now. And it's not a big hope given I own a good deal of gold, oil and other commodity stocks. -cwillyg

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