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Member since May 2012
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>Preparing for the “Grexit”  - James Turk - Goldmoney
What if PIIGS's citizens buy German bonds, instead of just keeping their money in german banks?

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Beginning of the headline : The Grexit, or Greece’s exit from the euro, is becoming more likely, judging by how frequently it is mentioned these days.Unfortunately, preparing for it may be more difficult than many believe.Before addressing that point, I would like to first illustrate the extent of the problem. This chart was included in an excellent article by Mish (a/k/a Mike Shedlock) on hisGlobal Economic Analysis website... Read More
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