The Run Continues

Last week I called the run on European banks, this week the run is so obvious the main stream financial press is seeing it. Actually abandoning debt denominated in the Euro is a run on the Euro as a currency. After the Euro gets its due, how long will the dollar last? Money must both store value and facilitate trade. When it ceases to be a store of value, it is just a matter of time before its other function is in question.
The Run On Europe Begins As Global Investors Head For The Hills…::…11-11

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