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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (148162)9/19/2008 3:38:18 PM
From: DebtBombRespond to of 306849
 
I think so too. It's a great time to get prepared and to take action....time is running out, IMHO.



To: NOW who wrote (148162)9/19/2008 6:53:47 PM
From: XBritRespond to of 306849
 
<<capital controls will be in place my friend>>

Yes, that is very likely, looking a couple years down the road.

Growing up in England, I can remember taking family vacations to Europe in the 1968-1970 or so period. The foreign currency allowances were so tight that spending money had to be carefully budgeted.

Imposing exchange controls at times of currency difficulty is a mainstream, accepted tactic in almost all countries.


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