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Chart of the Week Video: Breakdown, Shakedown!
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Slightly off topic, but the printers of physical money in Australia are having a few problems - most of which involved their employees being arrested for fraud and bribery.
The money printer Securency and its partner NPA, are suppliers to Indonesia, Vietnam, Malaysia, Nigeria, Peru, Mexico and Canada ectc. Nine of their senior staff have been arrested for using overseas agents to bribe central banks into using their polymer currency. Securency was 50% owned by the central bank of Australia at the time of the arrests. The trial is ongoing in Australia.
Imagine! Corruption in the business of printing money. It is enough to make you lose faith in central planning. /sarc
We are entering an interesting phase of the massive ponzi bubble that began back in the mid 90's.
The bankers have control of governments and markets - but what is left to gut? On the margins (Greece, Portugal, Ireland etc) you see real desperation.
Bubble, bubble, toil and trouble!
BOOM!!!
No crystal ball here.. This is starting to look like 2008. Still, Fiat is trumping everything else...for now. All hail the banksters!
DUD, WE DIDN'T HAVE THE "FUKUSHIMA FACTOR" BARKING IN 2008.
Buy the fucking dip. Kiss you ass goodby.
Have your flotation devices, standby?
Rosta.