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A government default has actually been recognized


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#1 spielchekr

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Posted 14 January 2010 - 09:12 PM

I can't believe they actually let one slip out of the bag.

Jamaica Cut to Selective Default by S&P on Debt Swap

#2 zoropb

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Posted 14 January 2010 - 11:40 PM

I can't believe they actually let one slip out of the bag.

Jamaica Cut to Selective Default by S&P on Debt Swap

Ah so that's how they are going to do the rest. The test country is out.

Enjoyed that Spiel.


While I'm here. dumped the oil March's in the 79.30s tonight from 84.48 Will re-short the pop later on tomorrow. 6.03 so far on the shorts from 84.10. Going to bed I'm toast . The rest is on auto-pilot. :lol:

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#3 arbman

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Posted 15 January 2010 - 04:23 AM

Marc Faber things PIIGS are in trouble, which justifies the recent strength of USD and hence the pumping...

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