Friday, April 8, 2011

Free Market

AITOOW finds it interesting that the EU states and the US have taken divergent paths to sorting out their fiscal problems? One of them is using austerity which props up its currency and makes it an option for fixed income and one of them is spending like a sailor on shore leave which kills its currency and makes it an option for equities. It's almost like they got in a room and decided to game the system for the welfare of all. No competition. A perfectly split pie. Something for everyone. And nobody left out. I'm sure it's a coincidence.

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