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

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: TobagoJack who wrote (78648)	8/27/2011 8:46:13 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 217774

Doing deals with Gaddafi doesn't entitle China to anything: <Wen Zhongliang, the deputy head of the Ministry of Trade, willfully observed, "Libya will continue to protect the interests and rights of Chinese investors and we hope to continue investment and economic cooperation." Official statements are piling up emphasizing "mutual economic cooperation". > Same with Saddam. Saddam simply shot his way to power and too bad for Russia that they were silly enough to lend him money or otherwise form agreements with him. Those debts are not repayable by the survivors of the victims of Saddam, Uday and co. Even if the new government in Libya confiscates previously assigned assets, China and China companies will be happy to form deals with the new government. What happened in the past is water under the bridge. Saddam has gone and so has Gaddafi. Good riddance to both. The people living there should take possession of the assets. Foreigners should not have been backing criminals. Mqurice

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