Rabu, 02 Desember 2009

Going the Way of AIG with Dollar Holders as Patsies

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The Guidotti-Greenspan conception states that a nation's reserves should equal short-term (one-year or less maturity) external (foreign) debt, implying a ratio of reserves-to-short constituent debt of 1. The explanation is that countries should hit enough reserves to baulk a large withdrawal of brief constituent external capital.The conception is titled after Pablo Guidotti Argentine former deputy minister of direction be Sure you bookmark this page. Thanks...
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