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05-07-2010, 12:09 AM #1
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The Four Stages of Economic Collapse
The Four Stages of Economic Collapse
Economics / Global Debt Crisis
May 06, 2010 - 04:55 PM
By: Graham_Summers
Are you still bullish?
As I write, the notion of a unified Europe is literally going up in smoke. Greece has yet to confirm a bailout (four months into this ridiculous comedy), Spain and Portugal have both been slapped with credit downgrades. These problems are hardly unique as the below chart reveals:
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