In 2012, we will see Europe hovering between life and death, weeping about how poor she is, then happy and excited as the collapsing euro wipes out her debt; then in 2012-2013 we will see African nationalists rise to power and nationalize foreign investments. Venezuela has nationalized U.S. assets and gotten along extremely well. We are investing every sum of money into Africa, and the Africans welcome it, but wait until the nationalists come to power, then Africa's good times will begin.He compares this to what the Europeans have done, inviting hundreds of billions in China investment only to plan on default. The result of the massive losses will be depression in China, which will spread across the emerging markets.
Easter Eggs (1 of 21): Hot Air
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FEEDPreface to all 21 parts: This is a special holiday weekend, because not
only does it contain Good Friday and Easter, but it also begins the Slope
of Ho...
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