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The win for Greece's pro-bailout parties was no victory for the SNB as the country saw another...
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Monday, June 25, 2012, 12:40 PM ETThe win for Greece's pro-bailout parties was no victory for the SNB as the country saw another $16.7B in inflows in the week since and pressure continues on the bank's euro/franc floor of CHF 1.20. Government efforts to talk down the economy, the country's banks, and future inflation risks last week were totally overlooked by cash seeking a safe haven.
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If the whole world owes money and is broke, where did the money go?
I dunno.
not to me
Capt. Brian
The Lost Navigator