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we've got til summer 2009

Discussion in 'Financial Cents' started by Tango3, Oct 17, 2008.

  1. Tango3

    Tango3 Aimless wanderer

    Then the u.s. govt defaults:
    :shock:[micro][nutkick][OO]ohnoohnoohyeah and one of these too:[shtf]

    GEAB N°28 is available! Global systemic crisis Alert - Summer 2009: The US government defaults on its debt

    - Public announcement GEAB N°28 (October 16, 2008) -


    In this 28th edition of the GEAB, LEAP/E2020 has decided to launch a new global systemic crisis alert. Indeed our researchers anticipate that, before next summer 2009, the US government will default and be prevented to pay back its creditors (holders of US Treasury Bonds, of Fanny May and Freddy Mac shares, etc.). Of course such a bankruptcy will provoke some very negative outcome for all USD-denominated asset holders. According to our team, the period that will then begin should be conducive to the setting up of a « new Dollar » to remedy the problem of default and of induced massive capital drain from the US. The process will result from the following five factors studied in detail further in this GEAB:
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