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November 30, 2011

World Bailout Package

Only yesterday, I was discussing with my partner in the hedge fund how it seems the USA has had to save Europe from itself about every 20 years since The Great War, and I only half-jokingly suggested that just before the euro zone disintegrates, our Federal Reserve would take leadership in coordinating a rescue, not Germany or the ECB. My suggestion to the leaders of this country would now be ...

 

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