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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Metacomet who wrote (68936)12/1/2010 7:05:02 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 217804
 
I agree running mate was using more than a bit of hyperbole ... but the trends are negative in US and positive in China.. Absolutes still favour America no question... for now :O)
We are back to it's a process not a switch...

Also one must look at stated freedoms vs actual freedoms ... Many people of colour will tell you that..

At 54 I feel less free than I did @ 30.. and it is nothing to do with responsibilities that I have willingly taken on..

B



To: Metacomet who wrote (68936)12/1/2010 10:37:44 PM
From: TobagoJack  Read Replies (2) | Respond to of 217804
 
to discuss freedom, we must have an actual benchmark

what do you propose as the actual benchmark?



To: Metacomet who wrote (68936)12/2/2010 10:41:13 AM
From: elmatador  Respond to of 217804
 
Italy has entered into the sovereign debt crisis. Just days after the International Monetary Fund and the European Union confirmed a bail-out loan for Ireland, Italy's interest rates caused fresh market anxiety.

Molto pericoloso

Italy sparks fresh eurozone worry1
Dec
2010
Tags: Money Markets HiFX News@ 12:00 AM

The currency exchange rate for the euro has seen yet more declines on the market as Italy has entered into the sovereign debt crisis.

Just days after the International Monetary Fund and the European Union confirmed a bail-out loan for Ireland, Italy's interest rates caused fresh market anxiety.

Both Italy and Spain saw the amount that their governments have to pay to borrow on the international money market shoot up yesterday (November 30th).

While Germany, considered a benchmark in Europe, pays around 2.7 per cent, Italy must pay 4.8 per cent and Spain 5.7 per cent.

While this is not as high as the nine per cent paid by Ireland, it is still considered to be dangerously high.

Citibank analyst Giada Giani told Reuters: "Now it is looking like a liquidity crisis on the government bond market, which is critical for Italy with its huge refinancing needs.

"The markets are already taking for granted that Portugal will need a rescue package and they are targeting Spain and Italy. Now only the European Central Bank can help, by buying government bonds."

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