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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (256032)6/28/2008 7:08:16 PM
From: Ish  Read Replies (1) | Respond to of 793883
 
<<Barclays Capital has advised clients to batten down the hatches for a worldwide financial storm, warning that the US Federal Reserve has allowed the inflation genie out of the bottle and let its credibility fall "below zero".>>

Had coffee today with several people who are really worried about the future. These people usually don't worry. One of the strengths of the dollar has been grain sold over seas. Kiss that goodbye as we won't have enough for our own needs.



To: LindyBill who wrote (256032)6/30/2008 12:06:32 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 793883
 
barclays isn't the only one...

fortis had a really nasty warning issued last week too

Message 24714003

oh and i rarely post this kind of info since it is rumor and i cannot substantiate the source, but for what it's worth, i have read that UN employees have been draining their U.S. bank accounts and repatriating their cash starting last week


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