Tuesday, September 21, 2010

Triple A for European Financial Stability Facility (EFSF),

-- Standard & Poor’s and Fitch have both granted the Eurozone’s rescue fund a AAA credit rating, clearing the way for swift action if needed as the region’s debt crisis threatens to erupt again.--
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Comment: Be it the dollar or the euro, be it the yen or the yuan, all we have nowadays is only fake money. With the exception of China all major issuers of currency are so deep in debt that the debt burden will already continue to grow by it own dynamics.

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