Bob Chapman - THE POWER HOUR - Jan. 2, 2011 : 2012 is going to be a difficult year but it is going to be a little bit better than what people think says Bob Chapman of The International forecaster , the reason is the Federal Reserve is swapping a trillion dollar with the European central bank , it is illegal for them to loan money to each others but they pass this for a swap not a loan , this means that the recession that is going on in Europe will reverse and become growth explains Bob Chapman , which means this coming year the economies in Europe will grow positively ....
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