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Tuesday, November 30th, 2010

Bailouts For Europe Like Painkiller For A Toothache

predicts the News Before It Happens

GLOBAL ECONOMY – First it was Greece and now, it’s Ireland that got a bailout. Next it will be Spain and Portugal. Who’s next in line and will it help?

Predictions from Higher Intelligence:-“With a toothache, the pain comes back when the painkiller wears off. Bailouts, the financial painkiller, will only postpone the pain of the eventual default of a major European nation. There won’t be enough money to keep bailing out country after country.”

Commentary from the Mediums:The debt loads in Europe won’t be sustainable. Creditors will reluctantly be forced to take write-downs and restructurings. America will be next.

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