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  1. V

    Jim Rogers

    Yeah, right... He needs the money? He sold his house for $19 million a couple of years ago (right at the top, I believe). Soros (in his biography) says Rogers did the work of 10 men, but you say Soros carried Rogers. The Rogers Raw Materials Fund (or whatever it's called now) is up like...
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    MSN article : Pulling the Plug too soon..?

    If the govt has the ability to make the economy grow by simply spending, how come there are recessions? Is govt spending "growth" or just a money transfer?
  3. V

    Ron Paul: "The U.S. Government Must Admit It Is Bankrupt"

    Marvellous. The USA has been reduced to a treasure seeker.
  4. V

    Iceland to grow by 3% this year

    So are we all agreed that the euro will fail at some point, probably within 10 years?
  5. V

    Iceland to grow by 3% this year

    Yeah, just took a hundred years or so!
  6. V

    Jim Rogers

    Told me to buy cotton last year. So i did :D
  7. V

    Iceland to grow by 3% this year

    They should have let the banks fail and if that meant the depositors would have lost their money together with senior bondholders, too friggin bad. Now if, according to you, the German and French would have bailed out the banks, let them. Then it would be German and French taxpayers on the hook...
  8. V

    Iceland to grow by 3% this year

    What is BNP? I've not heard about this rule either, can you provide a link?
  9. V

    Egyptians only making $2 per day average

    I've been to Egypt a couple of times (including Cairo) and I don't think the Egyptian people are lazy, far from it. I recall being asked by various people i met about our (UK) political system, could we really criticize the govt and so forth. They also wanted to know why we didn't allow...
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    Iceland to grow by 3% this year

    Yes, it is.
  11. V

    Iceland to grow by 3% this year

    Worthless debts that are to be repaid over 35 years(!) In effect, banks were allowed to default.
  12. V

    MSN article : Pulling the Plug too soon..?

    Haha, man, that guy is dumb!
  13. V

    Iceland to grow by 3% this year

    Iceland had a horrible 2 years. But they did the right things. They allowed their banks to go bust. It's paying off. http://www.bloomberg.com/news/2011-02-01/iceland-proves-ireland-did-wrong-things-saving-banks-instead-of-taxpayer.html
  14. V

    Cameron Rebuke

    I'm one of the 63% who have no idea what the "big society" is all about.
  15. V

    Cotton Rises to Record

    Greed is good. High prices are an incentive for people to start growing cotton. Increased supply can check the increase in prices.
  16. V

    Jim Rogers

    Long term predictions, why would he change them?
  17. V

    Fed's Hoenig says QE3 "may get discussed" haha "may" how about WILL!!!

    Sorry, but what do you mean by ME countries?
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    Fed's Hoenig says QE3 "may get discussed" haha "may" how about WILL!!!

    Um, no, if oil was no longer priced in dollars, there would no longer be a need to hold so many dollars (but a need to buy whatever currency or basket of currencies oil was now priced in). The dollar would therefore crash against other currencies. The price of oil in dollar terms would soar and...
  19. V

    why fighting deflation is a waste of money

    zdreg, i totally agree with what you said in your opening post. I wish we had price deflation here in the UK. However, our prices are rising officially at around 4%-5% pa, unofficially, tack on another couple of percent. Something for you Yanks to look forward to this year, lots of price...
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    Boehner: U.S. Will Not Default on Debt, But Congress Will Slash Spending

    Yes, I'm in my thirties. Have you finished High School?
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