Excellent discussion on the Euro crisis, the broader deleveraging cycle and what realists must understand to surive and thrive through this period. Watch the hour long clip here. (The intro is odd, but the video after is worth watching.)
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It would appear that advisors to the Government of Portugal are steeped in their knowledge and appreciation of remote Europian Financial History.
Nor will going all cash over here necessarily spare us of a like “one off” experience.
Not sure about gold either.
Yes, it is worth the time. Thank you. Thank you. Thank you. JW, Vancouver