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The pound isn't the only one going to get pounded.

Eurodollar University

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The URO Dollar System Is Not the Federal Reserve

This is the uro dollar system experiencing a deflationary spasm of risk oversion, which is causing all these down stream effects that you hear about from the indians. It's not short term into straits. There's something else going on here. When the dollar goes up, that is a clear sign. It's bad for ever. As the reserve bank of india said, exasperating risks to growth and financial stability. Thus great britain's pound. We had the dollar system exhibiting all sorts of bad symptoms up and leading up to this week. And then the british say, yes, we're going to have a recession. It's probably going to be

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