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The American Empire in a Changing World



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Tuesday, October 23, 2012

''The Mission Creep Destroying Wealth Around the World''

From Money Morning

''Anticipating an inflationary tsunami is not a precise science because market confidence in intangible paper currency does not persist linearly. It lasts until it doesn’t last anymore, and then it runs the risk of shattering instantaneously, along with faith in most G7 government debt. Like Hemingway’s idea of bankruptcy, we go broke slowly, and then all at once.''

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