Mineweb – POLITICAL ECONOMY – Update: Dubai, defaults, dollars and …
As Mineweb warned eight months ago, a financial crisis triggered from Dubai decimated markets and the gold price fell back too but this was soon shrugged off and some recovery has already been seen. … The initial Wall street crash was followed by a sharp recovery which sucked people back in before stocks were truly decomated only a day or so later. We’re not saying the Dubai problems are on this scale, but it is still likely to come back and bite the markets at some …
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