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Economy - International

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www.sovereignman.com

Today, Zimbabwe no longer has its own currency. The country effectively deals in cash only, in foreign currencies. Merchants take whatever they can get– US dollars, euro, South African rand, etc.

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WND

The Institute of International Finance, a group that represents 420 of the world's largest banks and finance houses, has issued yet another call for a one-world global currency, to prevent a looming currency war.

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Economic Collapse Blog

Can anyone explain the very strange behavior that we are seeing in world financial markets right now? Corporate insiders are bailing out of the U.S. stock market at a very alarming rate. Investors are moving money into gold and other commodities.

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Telegraph.co.uk/

Strip away the political correctness, Chapter 3 of the IMF's World Economic Outlook more or less condemns Southern Europe to death by slow suffocation and leaves little doubt that fiscal tightening will trap North Europe, Britain and America...

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arclein

Two years after the 2008 bailout, the economy continues to struggle with a lack of credit, the hallmark of recessions and depressions. Credit (or debt) is issued by banks and is the source of virtually all money today. When credit is not available, t

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AP

More than 80 years ago, Germany sold tens of thousands of bonds to American investors in an effort to recover financially from World War I. Later, Adolf Hitler used some of the money raised by those bonds to build the powerful Nazi war machine that w

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The Wall Street Journal

Spanish-born Muslim Umar Vadillo's solution took shape when the local Muslim-led government in Malaysia's Kelantan state joined forces with him to introduce Islamic-style gold dinar coins as alternative currency to the U.S. dollar.

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Moscow News

Sales on vodka and other spirits after 10:00 pm will be banned in Moscow starting Wednesday. But one political activist, makes a "libertarian" argument against the ban on both cultural and economic grounds.

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The Wall Street Journal

Despite the global downturn, China's economic growth rate remains above 10%. But there is mounting evidence that Beijing has misallocated vast amounts of capital, touching off a real-estate crisis that could yet drag China down to earth.

JonesPlantation