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Tuesday, 06/19/2012 11:32:33 AM

Tuesday, June 19, 2012 11:32:33 AM

Post# of 257253
A sign supporting Dew's "Global Demographic Tailwind"


China, Brazil, Mexico, India and Russia announced contributions to the IMF to bolster a “second line of defense,” fund Managing Director Christine Lagarde said in an e-mailed statement. China will contribute $43 billion, the official Xinhua News Agency reported. The others’ share was $10 billion each

The United States and Europe contributed nothing this time around. A sign of the times?

IMO, this is a sign of the (necessary) global re-structuring that Stephen Roach of Morgan-Stanley/Dean-Witter was calling for as early as 1994. It will be a tough, long haul.


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