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  Keith - this is nothing to do with the recession and I have never denied that there was an international recession (not global as every country did not go into recession).
  
  Alexander
  Councils have to keep cash reserves. This must be invested into low risk short duration investments. The money managers will be looking at spreading money around a wide range of providers. The best and only way to manage risk is diversification in that way, there is no such thing as a risk free investment, there are only different types of risk. What you suggest is not possible or sensible.

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