Open Thread


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  1. “they [government] have theoretically unlimited buying power”

    Totally not true. Greece is a prime example.

    “It will come unstuck if and when it gets more difficult for the govt to roll over the debt”

    Correctly contradicts what you’ve said above, etson. Only principal is “printed”. Interest is not. Classic Ponzi.

    ***Bid half off peak comps***

  2. etson, I disagree. Why do you think it was the right decision?

    If someone is going to come in and give the shareholders a lot of money AND have agreed to invest further then it’s win-win. It’s not like they can move the potash reserves to Australia out from under Canada!!!!!

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