Why Is a Sensible Immigration Policy Discussion So Hard?
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Why is the choice between shutting down the border and no controls at all?
And what about demographics? Fertility rates?
2012-01-27
Euro breaks out, shorts sell the rally
I expected to see some short covering, but speculators have increased their positions against the euro. The news has been consistently negative during the euro rally, but speculators are staying pat (or were as of Tuesday, but had they covered in large numbers the rally would have been intense). The market is headed into very volatile territory.
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