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To: Ernest_at_the_Beach

Panic may be real. In the last week $1 trillion has been withdrawn from England...http://www.independent.co.uk/news/business/news/run-on-uk-sees-foreign-investors-pull-1-trillion-out-of-the-city-1639413.html ....and, a real worry that England imminently may follow Icelands’ implosion has come to the fore with the call for an immediate meeting of all concerned. After all, if London goes, so do we, as we are inextricably tied via currency swaps and shared obligations. AIG has immense implications for all of Europe, and, is part of the formula for the distress. As we all have noticed, we are living in unprecedented times, especially in regard to the scale of our difficulties and the obvious ineptness with which we are dealing with them. I am not confident that England can be saved from going under....wait and see.


7 posted on 03/07/2009 11:31:46 PM PST by givemELL
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To: givemELL
"Panic may be real."

That's a good idea. Aaaaaaa! Aaaaaaaaa! Run for your lives!








Boycott the socialist Obama economy. Buy nothing but food and fuel.


9 posted on 03/07/2009 11:39:34 PM PST by familyop (As painful as the global laxative might be, maybe our "one world" needs a good cleaning.)
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To: givemELL; TigerLikesRooster
FR Thread:

'Run on UK' sees foreign investors pull $1 trillion out of the City

16 posted on 03/08/2009 10:07:21 AM PDT by Ernest_at_the_Beach (What happened to my IRAs)
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