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There's a good chance exchange controls are imposed in Europe's strongest (Switzerland) and...

  • Monday, May 28, 2012, 9:09 PM ET
    There's a good chance exchange controls are imposed in Europe's strongest (Switzerland) and weakest (Greece) countries in less than 2 weeks, writes Bruce Krasting, who believes the Swiss will move first. If these two go, he says, other countries will have to follow. (see the [[wild ride]] in the franc last week).
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This news story has 6 comments:

  • Certainly a real possibility. More uncertainty for markets to factor in and markets usually hate uncertainty.
    28 May 2012, 09:53 PM Reply Like
  • Possible but unlikely. The ECB will make unlimited swaps of Euros available to Greece and Spain. The Fed will make unlimited swaps of dollars to the ECB. (Eventually leading to unlimited inflation in the United States but why read the last page of 400 page novel when you can wait and stay in suspense for awhile?)
    28 May 2012, 10:22 PM Reply Like
  • I love talking to all of these people who thing all of these QE measures wont cause inflation >2% in the future. Keep dreaming.
    28 May 2012, 10:43 PM Reply Like
  • So the Swiss are making a call on the Euro it appears and not a good one at that. Wonder how much money the Swiss have already seen coming in? Must be a lot.
    28 May 2012, 10:51 PM Reply Like
  • Swiss pegged to the euro....thats not gonna make them stronger. Looks like someone sold the Swiss people downriver. Bummer. Wrong angle on information again.
    29 May 2012, 01:10 AM Reply Like
  • I agree with Robin. Buy TIPS!
    29 May 2012, 08:45 AM Reply Like
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