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  1. B

    i called it first! GFC Mk2.

    Nice analogy there Sunfish Yes and they would have taken more of our cash if they had managed to keep the Eurogame played for a bit longer...:eek:
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    i called it first! GFC Mk2.

    Who knows? Perhaps until UK becomes the next target? Yes, I know it's not pretty out there and it will be a slow and painful world recovery but we should be ok. Australia is the best economy in the Western world atm. We'll have to thank ol Johny and Costelo for this.
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    i called it first! GFC Mk2.

    It looks like the Eurozone countries have put enough protection in place to fight the markets. So we'll be back to the good old up and down and sideways movements again and probably sooner rather than later. World Races to Avert Crisis in Europe - WSJ.com
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    i called it first! GFC Mk2.

    Don't worry Kevin will introduce taxes and it will be topped up in no time :D
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    i called it first! GFC Mk2.

    It looks like the IMF is in this as well so they've got a 1 triliion $ to play with. It will be wolf eats wolf or they'll all become mates...:D http://news.yahoo.com/s/ap/20100510/ap_on_bi_ge/eu_europe_financial_crisis
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    i called it first! GFC Mk2.

    Mike Debt is no problem, here is how it works: It's a slow day in a dusty little Australian town. The sun is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich tourist from down south is driving...
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    i called it first! GFC Mk2.

    So what are they saying? That they'll be willing to leave the Eurozone? I know that the Germans have a different mindset and in general they don't think of themselves as Europeans but their government knows better. They are in control of a big ship and it's in their interest to be there to...
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    i called it first! GFC Mk2.

    But no dominos will be allowed to fall. As soon as Portugal gets in trouble the ECB will step in and will buy their bonds. IMO the fire will be put out more quickly than people think. Don't forget that the EU and the US are not happy with the credit rating agencies so they'll do something...
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    i called it first! GFC Mk2.

    French Chalets & BMW's will be cheap :D
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    i called it first! GFC Mk2.

    It looks like the GFC Mk2 is coming to an early end. Maybe its time to buy those stocks back? http://www.reuters.com/article/idUSLDE64704P20100508 http://www.livetradingnews.com/europes-leaders-pledge-stability-in-eurozone-no-matter-what-13135.htm
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    i called it first! GFC Mk2.

    Hi Willair Yes I know....:eek: That's what the speculators believe as well, but it's hard to know what the Germans will do. Last night Merkel was warning the markets saying that they will be prepared to let a problem child leave the Euro. The Greeks lost public opinion support in...
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    i called it first! GFC Mk2.

    The Greek debt is small, in fact Euro zone debt is nothing compared to the US debt. Yet none is talking about a debt problem in the US. Do you think that 5 or 10% of GDP is a significant debt? Well it is for the Euro zone because they have a set standard they want to keep but look at Japan...
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    i called it first! GFC Mk2.

    emm...let's not get too carried away guys, the whole world is like that, I guess the only one who doesn't owe money to anyone is China because they pay their citizens peanuts and are swimming in cash
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