At that time, bankers were concerned that the United States was the last major country without a central bank which would provide emergency credit in times of financial crisis.

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Neither has the fact that in these times of financial crisis, the Dutch monarchy is one of Europe's most expensive to maintain.

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Carl Richards wrote a must-read article that was published in the New York Times, telling his story of an instance of personal financial mismanagement in the midst of the financial crisis that ultimately led to a short-sale on his home.

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It is also a sign that former U.S. friends might be rethinking their alliances in times when the United States is losing ground in Latin America due to the financial crisis and the emergence of leftist leaders that seem prone to engage in partnerships with similar political actors.

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In his latest initiative - which includes an opinion piece in the Financial Times - Mr Soros says the eurozone must adopt eurobonds as part of a comprehensive solution to solve the crisis.

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