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Old 02-12-2019, 09:11 AM   #221
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Yeah, same as Venezuelas gold is ( was) the property of the people.

Then they give control of it to the pols, cos thats democracy .......
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Old 02-13-2019, 11:58 AM   #222
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Germany had a great deal of difficulty repatriating her gold. As I recall, a boatload of it was supposed to come back to them from New York, but never did. This [to me anyway] was a huge red light, telling me that the gold was either encumbered in some way, sold or otherwise held back in some way that made it impossible to repatriate it. Some kind of shenanigans was going on and the whole thing just went quietly away.

Meanwhile, China and Russia are gobbling up the worlds gold production like starving raccoons in a trash can. Those guys know what's up. Russia is dumping paper debt as fast as they can, unlike China, who has so much of it that to dump it would mean world wide monetary catastrophe.
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Old 02-14-2019, 06:29 AM   #223
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heh

half a million jobs could go in the event of a hard Brexit -

https://www.zerohedge.com/news/2019-...ld-hit-hardest

Dont suppose we will get much media coverage for the potential for those jobs to move to the UK though.
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Old 02-16-2019, 08:56 AM   #224
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Bullshit I say. Brexit is just that, Brexit. No more nannycrats telling them when to masturbate for mommy. Trade will continue as normal because it must. Italy is next, followed by Hungary and Poland.
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Old 02-17-2019, 01:00 PM   #225
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I know it is but I am entertained by the possibility of the bullshit being 'double edged'
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Old 03-08-2019, 07:07 AM   #226
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Quote :
There is a dual Italian crisis brewing in the European Union. On the one hand, it is a political, or even geopolitical, crisis. Italy is undermining the unity of the European Union; blocking the EU’s recognition of those behind the coup in Venezuela as the legitimate authority; preventing the expansion of sanctions against Russia; and even supporting the ‘yellow vest’ movement in France, which is arousing the anger of the French government.

On the other hand, the crisis is economic in nature. Italy is once more sliding into a recession (economic growth was negative in the country); Italian banks are again facing financial problems; and the business media has already estimated that the Italian economic crisis could blow up the entire European banking system.

There is a strong possibility that the EU’s leaders will soon be faced with a choice: try to save Italy (and the whole of Europe) from yet another crisis or set an example by punishing the Italian government for the country’s independent economic and foreign policies. In turn, Italian Prime Minister Giuseppe Conte’s government will most likely have its own dilemma to deal with: bow down and sell its principles to get help from Brussels or go all out and regain Italian independence. The choice will not be easy and either decision will be painful. Neither ending to this Italian drama could really be called happy. As this headline in The Telegraph quite rightly notes: “Crisis brewing in Italy will lead to default, exit from the euro, or both.”
...
More: https://orientalreview.org/2019/03/0...is-inevitable/
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