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Yes, and repatriation of assets is exactly what one would expect in an environment where security for one's wealth is deemed more important than growing one's wealth. It's evidence of the superiority of the dollar (or other similarly politically credible currencies) over so-called "fundamental" values of money and assets.  The social determined rules of wealth are what matters in money, and everything else, including credit, are just proxies for those social determinants.
by santiago on Wed Sep 2nd, 2009 at 10:31:39 AM EST
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