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January 2012

Recs

31

Get Out of the Market

January 15, 2012 – Comments (104)

Greece will probably default and exit the Euro in the next few months. Other periphery countries like Portugal and Ireland will probably follow them. The Eurozone could break up later this year or next. Europe is entering a recession and if austerity is enforced, they will face a depression. The main problem of trade imbalances is not being addressed - Germany needs to run a trade deficit.  [more]

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