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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (23453)	10/12/2009 5:37:09 PM
From: benwood	1 Recommendation Respond to of 71445

I used to think the USSR was too big to fail, as did a few billion other people on the planet.

To: Skeeter Bug who wrote (23453)	10/12/2009 5:58:29 PM
From: arun gera	1 Recommendation Read Replies (1) \| Respond to of 71445

>this was mostly about making the oligarchs whole on their bad bets b/c they own washington.> Skeeter, Do the oligarchs also own the governments in UK, and Germany, and Ireland, And Switzerland? Because the banking system had to be rescued pretty similarly in all those countries. Or is it that, the banking system is an extension of the power of the state, and keeping it private is one way to get more efficiency from it. But at times, the state has to rescue it anyway, like a parent taking the responsibility for a child's mistakes. -Arun