Friday, July 16, 2010

An Excerpt From Bob Chapman's "The International Forecaster" Both In Europe and in the US the Markets will go down soon

http://theinternationalforecaster.com/International_Forecaster_Weekly/White_House_Pushes_for_a_Wall_Street_Overhaul
Both In Europe and in the US the Markets will go down soon says Bob Chapman The International Forecaster the rally in the dollar is over, they will take down the banks one after the other and then they will nationalize them explains Bob Chapman , The European countries will go back to their former national currencies ..the Euro will be History......excerpt from the international forecaster of 14 July 2010 : The U.S. trade deficit hit its widest level in a year and a half, as increased imports from China more than offset growth in exports, an imbalance that is weighing on the tepid economic recovery.


The U.S. trade deficit, the difference between exports and imports, increased 4.8% to $42.3 billion in May, the Commerce Department said Tuesday. That was the widest since November 2008. April's trade gap was revised upward from earlier estimates.
U.S. exports grew 2.4% to a 20-month high of $152.3 billion. Imports grew faster, expanding 2.9% to $194.5 billion."

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