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The capital well is running dry and some countries will default

04-27-2009 • telegraph.co.uk/finance/

US hedge fund Hayman Advisers is betting on the biggest wave of state bankruptcies and restructurings since 1934. The worst profiles are almost all in Europe – the epicentre of leverage, and denial. As the IMF said last week, Europe's banks have

thelibertyadvisor.com/declare

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