Thursday, June 25, 2009

Peter Brimelow: "Schulz paints bleak picture of future" - Market Watch

Hat tip to Max Keiser and Stacy Herbert for this one, be sure to read the part about the State Department telling the embassies to buy up currencies where they reside, enough to last a year. [Excerpt] ... The top-performing letter that predicted the Crash of 2008 now predicts a confiscatory Franklin D. Roosevelt-style "bank holiday." But it's surprisingly sanguine about stocks -- in the (very) short term. ... Read more.

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