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| Dear Friend, Could President Obama and Treasury Secretary Geithner suddenly impose currency exchange controls on the United States and the U.S. dollar? Still only a conjecture, controls might save globalization but it could devastate thousands of American investors. With the G20 meeting in London this week, the entire global financial system is up for grabs -- or reorganization. Exchange controls would establish a two-tier currency - one for internal and one for external use. U.S. investors with foreign holdings might not be able to repatriate their wealth. My latest article explores the possibility of establishing a global currency and exchange controls for the US dollar. |
Wednesday, 1 April 2009
Posted by Britannia Radio at 00:54