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May 24, 2013
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Markets Warm to Euro Bailout PlanPosted on Oct 12, 2008
Stock traders in Asia and Europe seemed to like the news that European governments will coordinate with one another as they throw cash at troubled banks. The euro zone plan was announced on the heels of similar British and American schemes. EU leaders wanted to hatch their framework before Asian and European markets opened on Monday, and so far they have been rewarded for their promptness.
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By wish i knew, October 13, 2008 at 1:31 pm Link to this comment
while we have the biggest stock market rally in history, and more downturns likely ahead as the market fights to find some sort of realistic equilibrium, i found this interesting article about real tried and true alternatives to our current economic system…
http://www.progressivehistorians.com/2008/10/progressive-alternatives-to-current.html
Report thisBy GW=MCHammered, October 13, 2008 at 7:35 am Link to this comment
(Unregistered commenter)
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.”
Report this~Thomas Jefferson 1802
By GW=MCHammered, October 13, 2008 at 7:32 am Link to this comment
(Unregistered commenter)
Let’s see, government courts can order striking workers back to work but they can’t order banks to lend government-issued dollars according to lending laws. Bullshit! Tidal wave inflation, here we come.
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