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


To: elmatador who wrote (92767)7/22/2012 9:27:16 AM
From: Haim R. Branisteanu  Respond to of 219983
 
Worth reading

In the great ugly contest that is the foreign exchange market, a series of disappointingly poor US economic data had threatened give the dubious honor to the dollar. The euro had reached a 7-day high on July 19, just below the key level we identified near $1.2330. Sterling traded near its best level in a month, near $1.5740. For its part, the Australian dollar had reached its best level since the end of April.

seekingalpha.com



To: elmatador who wrote (92767)7/23/2012 7:50:01 AM
From: Maurice Winn3 Recommendations  Respond to of 219983
 
Yes they can: <
Greece cannot cut debt to 120% of GDP by 2020.
> They pass a law; "We do not any longer owe any of that debt".

Hey presto, the debt is cut to nothing. It is a puzzle why somebody who did not incur the debt and did not benefit from the debt would feel an obligation to repay the debt. You probably don't think you should repay the debt, so why should Greeks want to do it just because some self-dealing bandits managed to get into power and agree to borrow all that money?

That might mean the other Euroserf states would put a border up around Greece. But Germans would still want to go on holiday there, as would hordes of other people. With Tradable Citizenships and no taxes, Greece would soon have Euroserfs begging to be let in. Many countries would ply them with products.

When 2020 reglaciation puts a chill up north, the demand would increase exponentially, perhaps parabolically, to asymptotic levels, with hyperbolic hyperbole. Greece would be 10 times richer than the next richest state. Their federated empire would span the world. With a reconstituted New World Order HQ in Athens or Platamon or somewhere suitable, to replace the obsolete and anachronistic UN, all roads would lead to Athens.

Mqurice