The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Cogito Ergo Sum who wrote (6910)	11/29/2020 12:15:40 AM
From: elmatador	1 Recommendation Recommended By pak73 Read Replies (1) of 13803

The US and the EU need to put their money to work for them Both the US and the EU need to print massively. The world economy will absorb any amount printed and, in its turn, the US and the EU will get that money back via exporting, royalties, tourists etc. The Ant mentioned this before in several posts. Strangely, not many people made a discussion out of his statements. Think about it. If you have capital. Do you put it under a mattress or you invest? Same applies to the US, EU and Japan. The poor countries just have to become bankable to get the capital they need. Only that they do not want to to do that because it takes time, commitment and to change rules. These poor countries' governments want the money as easy and as fast as possible and under their own rules. They want to enrich the cronies, families and friends and not make their economies richer which is necessary to pay back. The example of oil wealth coming in and not enriching countries shows that.

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