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IPFS News Link • Economy - International

European Debt Crisis to Soon Hit American Shores

- "the EU is in dire position", on the precipice of shattering into default and civil unrest; - the sovereign debt crisis materializing across Europe will soon reach US shores; - the CFTC will curtail currency speculation by slashing leverage from 100:1 to 10:1, which "can cause a liquidity crisis that backfires, magnifying everything."