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Going Broke Slowly, Then All at Once

Thursday, October 29, 2009, 3:31 PM
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I want to highlight another excellent report put out by Sprott Asset Management.  In this one, they cast light, again, on the largest unspoken factor in the entire financial kingdom, namely that the US is insolvent, a theme I have been writing about for a few years.

The question emerges, if we all know this to be true, then the issue isn't what the final result will be, but when the situation will change.

Here's a snippet from the report:

 

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