is any of this really a surprise?
the world govt's have a simple choice - do nothing about the euro debt crisis and we have a decade long global depression, international finance shuts down, there is a colossal run on dozens of banks, all those pollies in their comfy chairs get voted out of office and european streets start to look like beirut
OR
they get together in a darkened room and agree to print so much new money that the euro sovereign debts are not only payable, but are deflated back to normal range percentages of GDP, and economic growth gets a shot of adrenaline that forces all that parked cash on corporate balance sheets and in investors bank accounts back into active service.
10 years of hyper inflation and money printing will triple the value of global stocks.
the net buying power of cash at bank will halve over the same period.
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- cyclic's - letting the madness out thursday
cyclic's - letting the madness out thursday, page-47
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