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Marc Faber: Dubai Was Just The Tip of The Sovereign Default Iceberg
Marc Faber warns that further sovereign defaults are ahead. Dubai was just a teaser.
Submitted by
tschuma417
12/1/2009
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tschuma417
12/1/2009
tschuma417 is playing it
IGOV
Short
7.92%
I am playing this headline with (IGOV) because Dubai was just the tip of the iceberg. The ultimate result of the financial crisis will be not just bankrupt banks, but more bankrupt governments.
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