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Old 09-01-2015, 09:03 AM   #1
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Default Global depression countermeasures .

China penalizes currency speculators by imposing a 20% bank
reserve requirement against futures trading .

This is a market based requirement and IMO will probably be effective
within China but how do they propose to inhibit currency speculators
operating outside China ?

Source article here .

All paper is a short position on gold . “Gold is money. Everything else is credit.”

“If we don’t believe in freedom of expression for people we despise, we don’t believe in it at all.” ( Noam Chomsky )

‘you can judge a man’s spirit by the amount of truth he can tolerate.’ .... Nietzsche

Last edited by Ross; 09-01-2015 at 09:10 AM.
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countermeasures, depression, global

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