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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: frankw1900 who wrote (10261)	11/14/2007 5:51:42 PM
From: The Wharf	Read Replies (1) \| Respond to of 24758

C is good news to Canada in some ways in other she is now more costly she sill win but she will also loose as her costs are now high. However the change to me could be very short and you stated the why very clearly here. This isn't really any different from the kind of activity that was going on thirty years ago, except for the means of expressing stupidity and cupidity. Then banks were sending freshly minted MBAs around the world to loan bags full of money to tin pot governments because in the words of a very prominent banker, who obviously never read any history, "Sovereigns don't default," or something like that.lived. </l> Sovereigns do not default but currency does deflate in value. that deflation creates world product inflation. That made me wonder if Barclays move more or less had an added protection for Euro by means of synthetic basket it was not to me just the obvious of carry trade.