The Market pays you to be disciplined
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Despite forebodings, Germans stick to their plan
German Chancellor Angela Merkel’s expected defense of soundness, solidity and stability at the Davos conference this week represents only the top of a very spiky iceberg toward which the monetary ship of the European single currency is ponderously steaming. The confused and confusing imbroglio around a barely avoidable Greek sovereign default is rapidly taking on a nightmarish hue. At worst, in a few weeks or months, part of economic and monetary union (EMU) may find itself in a legal and political limbo, with one smallish but important country, Greece, hooked on the fiendishly difficult question of whether it is ... (full story)
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- Jan 23, 2012 5:29am Jan 23, 2012 5:29am
- mima
- | Membership Revoked | Joined May 2008 | 966 Comments
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- Jan 23, 2012 5:39am Jan 23, 2012 5:39am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
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- Jan 23, 2012 6:19am Jan 23, 2012 6:19am
- mima
- | Membership Revoked | Joined May 2008 | 966 Comments
The Market pays you to be disciplined