Monday, August 8, 2011

Stock Market Meltdown - This Time It's Different, But Does It Matter? - Seeking Alpha

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Stock Market Meltdown - This Time It's Different, But Does It Matter?
Seeking Alpha
Foreign banks got $500 billion out of the $600 billion QE2. By now, and I have been vocal on this, everybody should know the EFSF is a Ponzi – see my Charles Dickens quote. The ESM is no better. So I asked myself, why these schemes? Why not the ECB, ...

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