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[quote:Anonymous Coward 28117669:MV8yMDYzMDc1XzM0NzA3NDkzXzIzMjg5OUU=] I think it goes without saying, that our tax dollars inflate themselves in the global derivatives marketplace. Therefor, 1$ is quickly turned into 100$ within a day on the trading floor, leveraged, and sold to the highest bidder. Whoever sold out Euro short in 2000 is making a lot of money right now, and will make a lot of money on the way up, when their debt is forgiven. A huge wealth transfer in long and short positions from global - europe. [/quote]
link to finance.yahoo.com
That's a pretty big net loss for the rest of the world if you ask me... Trillions in loans from neighboring nations, forgiven. Don't worry about it, we'll just increase our inflation to pay for the losses of Europe. It's not like the tax payer's from any of those nations were given
an opportunity to vote on their shares invested in a bail out package, that is supposed to pay for their government programs.
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