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In Order To Be Saved, Spain And Italy Must First Be Destroyed
There has been much confusion over last week's remarks by Mario Draghi, with the prevailing narrative being that the market first got what Draghi meant wrong (when it plunged), then right (when it soared). The confusion is further granulated by attempts to explain what was merely a desperate attempt at delaying a decision for action, which was inevitable considering the now open opposition by Buba's Weidmann, into a formal and planned plotline: "Inverse Twist" or other such technical jargon is what we have seen floating around. The reality is that, just like all other central bankers, Draghi did what he does best: ... (full story)
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- Aug 5, 2012 12:26am Aug 5, 2012 12:26am
- ibram.forex
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- mima
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The Market pays you to be disciplined
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- ibram.forex
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fokyou forexfactory
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