<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e7f0290d-b6c7-4526-8864-ba3b74c37361/C8B4275D-FAD7-4E8A-AAEE-932B58E8DFBF/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm" href="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm" style="font-size: 11px;">www.oftwominds.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">Are we at the end? These massive insolvable problems: where can they lead? The inattentive political class, too selfish to care. The corrupt and venal insiders, what can they do? </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">What can they do?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">So you pick a country</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">And you run a little experiment.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">Argentina</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">3 months after Deflation begins</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">Inflation rises to 120%. The Peso is devalued 73%</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">The bond market collapses:</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">And a few months later, Argentina defaults on sovereign debt, for a multi-billion dollar loss to foreign creditors. A mere two years later, the country is without debt, working hard, and booming. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm"><FONT face="Garamond, serif"><FONT size="4">you try the other direction: unlimited inflation. In </FONT></FONT><FONT color="#0000ff"><U><A href="http://en.wikipedia.org/wiki/Zimbabwean_dollar"><FONT face="Garamond, serif"><FONT size="4">Zimbabwe</FONT></FONT></A></U></FONT><FONT face="Garamond, serif"><FONT size="4">,</FONT></FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">When the balloon went up, the insiders</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm"><FONT face="Garamond, serif"><FONT size="4">got their money offshore, something like </FONT></FONT><FONT color="#0000ff"><U><A href="http://www.counterpunch.org/whitney07052006.html"><FONT face="Garamond, serif"><FONT size="4">Cheney</FONT></FONT></A></U></FONT><FONT face="Garamond, serif"><FONT size="4"> and </FONT></FONT><FONT color="#0000ff"><U><A href="http://www.google.com/url?sa=t&source=web&ct=res&cd=4&url=http://www.npr.org/templates/story/story.php?storyId=7859069&ei=7-hwSrbLIdPilAfc-KDLCg&usg=AFQjCNFo-RFzilxVWkn_KnxkKX2nI0tOmQ"><FONT face="Garamond, serif"><FONT size="4">Halliburton </FONT></FONT></A></U></FONT><FONT face="Garamond, serif"><FONT size="4">did</FONT></FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">Once every exit was chained tight, they firebombed the casino</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm"> the insiders then repatriated their money and bought their neighbor's fortunes for pennies on the dollar</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">all for the good of the country</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">And if they get richer</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.oftwominds.com/blogaug09/KaPoom2CHS.htm">a good Con</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/C8B4275D-FAD7-4E8A-AAEE-932B58E8DFBF/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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