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Europe on Brink of 'Major Financial Collapse':Guggenheim CIO [structural problem,not a liquidity"]
CNBC ^
| August 2 2011
| By: Gennine Kelly
Posted on 08/02/2011 5:47:40 PM PDT by NoLibZone
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To: RC2
“Germany was in the tank prior to WWII.”
They had it rough during the 20s but actually did quite well during the Depression of the 30s, in some measure due to the efforts of Hjalmar Horace Greeley Schacht.
21
posted on
08/02/2011 11:37:36 PM PDT
by
Pelham
(Obama, the vanguard of the proletariat since 2008)
To: NoLibZone
“The way Europe is operating right now, it's what I called recently ‘cognitive dissonance,’” Minerd said, or “basically doing the same thing thinking they're going to get a different outcome.”
And we're doing exactly the same thing...
While the morons in Washington swear it will be a different outcome... Their lust for power blinds them to reality.
22
posted on
08/03/2011 3:43:38 AM PDT
by
DB
To: NoLibZone
Ah hell - just borrow more, spend more, and call it a win.
To: NoLibZone
Socialism 3.0 in the works .
24
posted on
08/03/2011 5:46:23 AM PDT
by
lionheart 247365
( -:{ GLENN BECK is 0bama's TRANSPARENCY CZAR }:-)
To: Zeneta
Which is a better bet ,, Swiss Fancs or Ball Park Franks ???
25
posted on
08/03/2011 5:49:13 AM PDT
by
lionheart 247365
( -:{ GLENN BECK is 0bama's TRANSPARENCY CZAR }:-)
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