Friday, July 10, 2009

Dead Cat Bounce... suggests John Browne... "the fiscal situation of the United States government doesn't warrant the confidence placed in its debt. The U.S. will soon have to choose between outright default and hyperinflation. The BRIC countries are already preparing themselves for the latter eventuality by seeking alternatives to the $"... http://www.financialsense.com/fsu/editorials/schiff/2009/0708.html

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