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IMF betrays West with mullahs’ malarky
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Burglar's family awarded $300,000 in wrongful death suit
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Beetlemania: Feds Give 4 States $5.8 Million to Protect Insect Habitat
Troubled by Growth of Christianity, Iranian Regime Destroys Bibles
Gator hunter recalls 'epic' struggle with 270-pound gator
Center for American Progress Defends Shariah, Charges America with Islamophobia
'The worst thing you can do is panic': Special Forces soldiers build confidence during water survival training
Fallen Marine from Pace returns home
Libya: Man suspected of killing Pc Yvonne Fletcher identified
Britain shouldn’t feel guilty about the part we played in ousting Colonel Muammar Gaddafi
BBC pay cuts? A £20,000 raise and three executives off hook
Libya: Col Gaddafi 'directed tens of thousands of refugees towards Italy as human bombs'
Carterton locals vow to carry on Wootten Bassett's tributes to fallen soldiers
Dozens dead as gunmen attack Mexican casino
Massive bomb blast hits UN building in Nigeria
UK considers a return to cats and traps
Saturday, 27 August 2011
News..............
From Theo Spark at 08:34
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1 comment:
This is the key line traders are picking up on … what is Bernanke suggesting?
http://www.federalreserve.gov/newsevents/speech/bernanke20110826a.htm
“I have confidence that our European colleagues fully appreciate what is at stake in the difficult issues they are now confronting and that, over time, they will take all necessary and appropriate steps to address those issues effectively and comprehensively. ”
This is my interpretation
“I have confidence that our European colleagues fully appreciate what is at stake [THE EURO] in the difficult issues they are now confronting [BREAK UP OF THE EURO] and that, over time [IN A FEW MONTHS], they will take all necessary and appropriate steps [CREATION OF NEW CURRENCIES] to address those issues effectively [MULTI SPEED EURO INTEREST RATES] and comprehensively [FINALLY SORT OUT THE EURO]. “
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