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85% Chance Greece Will Default in the End – Here’s Why

A predictive software program called Senturion, developed for the U.S. military and sporting a 85% accuracy rate, has concluded that Greece is going to default. [Let me explain further.] Words: 244

July 14th, 2011 | Posted in Economic Overview,Economy | Read More »

Will Greece Default, the Euro Unravel and the U.S. Dollar be Saved?

greece-dominos

Greece is going to default and even take the euro, and maybe the EU, with it. There will be 5 investment opportunities should that unfold as expected and one of them will be the U.S. dollar. [Let me explain.] Words: 1187

June 29th, 2011 | Posted in Debts/Deficits,Economy,U.S. Dollar | Read More »

Sovereign Debt Defaults Now Possible/Likely?

Governments the world over have spent the past year bailing out, backstopping, insuring, and stimulating their financial sectors and economies throwing around trillions of dollars, euros, yen, and pounds like Halloween candy. Officials have assured us there’s little risk to that strategy but I believe that the opposite is true – that if you borrow and spend too much, all you’re going to do is transform a Wall Street debt crisis into a Washington debt crisis. Words: 882

February 22nd, 2010 | Posted in Debts/Deficits,Economy | Read More »

 

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