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Scoop from TraderWise
1

Portugal Tries to Front Run Bond Vigilantes

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One benefit of the Greek crisis is it appears to have caused a country or two to rethink what they have been doing.  While the US, UK, and Japan are happy to simply print money (devalue the savings of their citizens) to solve their problems, those countries stuck inside the European Union and now in a common currency, no longer have that "out".  [Dec 13, 2009: Bond Vigilantes Prowling Europe]  Hence they actually have to make hard decisions rather than the infi

 
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