Dead Government Walking

Read this .pdf report from Toronto's Sprott Asset Management, courtesy of 321gold.

Key section:

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...Hemingway wrote that a man goes broke "slowly, then all at once." We believe the same sentiment can be applied to governments. If fiscal abuses continue unabated, confidence eventually erodes until investors eventually just stop lending...
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After you have read the report, pass it on to others.

Tempus fugit.