Important Breakdown in Euro, Coupled With a Breakout in Key European Debt Yields

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Our pal Brian Hunt points out today in his must-read Market Notes column that the euro has broken down through key support levels: (Source: DailyWealth) Brian writes: If a country runs its finances like a drug addict and racks up crazy debts, its currency depreciates over the long term. Most smart analysts put the status of […]

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Hat tip to our buddy and fellow debt deflationist Carson for passing along this mind blowing number on Greek debt: As Wall Street hangs on the question “Will Greece default?,” the author heads for riot-stricken Athens, and for the mysterious Vatopaidi monastery, which brought down the last government, laying bare the country’s economic insanity. But […]

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