2012-05-21 — paulcraigroberts.org
Many informed observers believe that the reason Washington has not prosecuted the banksters for their known financial crimes is that the banksters serve as an auxiliary to Washington by protecting the value of the dollar by shorting bullion and rival currencies.
What happens if Greece exits the EU on its own or by the German boot? What happens if the other EU members reject German Chancellor Merkel's austerity, as the new president of France promised to do? If Europe breaks apart, do more investors flee to the doomed US dollar?
Will a dollar bubble become the largest bubble in economic history?
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