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The news is full of LIBOR.
LIBOR is just a distraction.
The Greek banks are empty. Italy is on the rocks. Spain is powerless and aground. Germany is on strike.
The ship will not come in for the ECB.
Time to declare war.
I see that wall street is expecting deflation.
The only way that can happen is a deeper housing crash.
There are no Atlantic cyclones at present.
Fire and drouth are the emergencies of the moment.
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