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What the German minister is saying is the Federal Reserve is planning on printing much more money and buying US Treasuries (asset purchases), which will devalue the dollar towards other world currencies. We will find out for certain on November third from the Fed if this is the case.
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The Next Eleven (N-11) is a team of rising countries with the possible to rival the G8. This team consists of Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam.
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