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Financial news I consider important, with my opinion, which is worth as much as you paid for it.
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Wednesday, June 27, 2012

Europe failure could trigger global depression

The Euro is not a true currency, but is a currency peg.
The euro was doomed to fail in it's current state the moment it was created.

Will Germany agree to debase the Euro and therefore Germany helps pay the tab.
A great video with Chris Martenson making the call Europe will print and Germany forced into this path.
The only question is will this happen before a true global crisis or will 2008 repeat?
Chris Martenson is author of crash course I have featured before.

Well worth the watch, first 15 minutes of each video,





Martenson on Fiat Currencies, exponential functions, and energy crisis

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