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While the U.S. has a reserve of 9,200 tonnes of gold, China has 1,054 tonnes and India 565 tonnes.   Indians sit on an estimated 18,000 tonnes. India has always had the largest gold reserve with individuals.  It was $424 an ounce in 1990 before crashing to $255 in 2001

It has to break up...  We cant have a single monetary union with wildly different fiscal policies..  n starkly contrasting nature of economies...   peripheral countries ought to float their own currency at a much lower rate than euro and increase their productivity...   u cant subject them 2 years of frugality n austerity ie internal devaluation... of course german exports will be adversely impacted but the alternative looks worse..  there is going to be chaos..  whichever path we take...  we should desist from competitve devaluation if we have multiple currencies...

It has become a rolling crisis..  Everytime you put out a fire somewhere, u see that the fire breaks out elsewhere a tad bit later..   We will keep lurching between one to another with severe uncertainty..   Unless our remedies address the core structural problems...   Or our innovations in the main street create a genuine demand...

I am in blood/Stepp'd in so far that, should I wade no more,/Returning were as tedious as go o'er. As Kenneth Muir writes, "Macbeth has not a predisposition to murder; he has merely an inordinate ambition that makes murder itself seem to be a lesser evil than failure to achieve the crown." At least since the days of Samuel Johnson, analysis of the play has centred on the question of Macbeth's ambition, commonly seen as so dominant a trait that it defines the character. Johnson asserted that Macbeth, though esteemed for his military bravery, is wholly reviled. This opinion recurs in critical literature, and, according to Caroline Spurgeon, is supported by Shakespeare himself, who apparently intended to degrade his hero by vesting him with clothes unsuited to him and to make Macbeth look ridiculous by several  n imisms he applies: His garments seem either too big or too small for him – as his ambition is too big and his character too small for his new and un...