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When interest rates soared last week on Irish government bonds, it served as a grim warning to other indebted nations of how difficult and even politically ruinous it could be to roll back decades of public sector largess.
When a private banks issues the public currency at interest, the eventual doom of all those within that bank's reach is sealed.
- Mike Rivero
- tyler durden
Member Submitted News
Blood-thinning drug warfarin can double the risk of stroke: Patients with faulty heart rhythm at increased risk for first 30 daysmalterwitty
Did UAE axe £6billion Eurofighter deal because Britain didn't bomb Syria? PM snubbed after years of talksmalterwitty
Manhattan DA disclaims authority to prosecute 9/11 murders - Cyrus Vance's office ignores evidence, law, and offer to confer privatelytyler durden
Ethan Allen and...
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