Euro Headed to Parity with US Dollar - FX insight shares

Notice in this video how Euro headed to parity was for seen back in April and May.




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UBS' Releases Most Dire Prediction To Date: Greece To Experience "Coercive" Restructuring

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"We anticipate that the crisis will deteriorate further than the stressed levels of late November
 We do not believe that Greek PSI will take place in a “voluntary” fashion but instead expect coercive restructuring of Greek debt either before or soon after the March redemption, triggering CDS contracts.- Zeohedge

Further more - "I also don't know if Portugal will stay in the euro. And if it leaves, it will be to the escudo,  Read on from source  LINK




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Top Stories of 2011: Part 1 - Traders Community Shares

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IMF's warns global economy threatened

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Comment This is a truly no-win situation which threatens over a century of social progress, unless we get our act together and develop a new form of cheap and abundant carbon-free energy. We are afforded few choices in this regard, and the current leading technological candidate is a liquid-fuel based fission reactor design based on the thorium fuel cycle. Of course, we need to come to an agreement about the source of our troubles, generate public support for a major R&D program, and then systematically transition our energy infrastructure.

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