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    Say we really had a free market...

    Regardless if you believe in market manipulation by powers unknown, some call it the cartel or the plunge protection team whatever, 2008 has shown the world that those in power have no problem at all with open intervention if it is really needed as far as propping up the banks, automobiles...
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    WSJ: You won't believe what's in that stimulus bill.

    Fair enough. So you feel US infrastructure is triple A worthy or should we ask Moodys that?:D
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    WSJ: You won't believe what's in that stimulus bill.

    A panel of 24 of the nation's leading civil engineers, analyzed hundreds of studies, reports and other sources, and surveyed more than 2,000 engineers to determine what was happening in the field.[/I] Aviation: D+ Bridges: C the percentage of the nation's 590,750 bridges rated structurally...
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    2000 Years... Government STILL Hasn't Learned The Basics... :>(

    "In the long run we are all dead." Who says Keynes was wrong all of the time?
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    Peter Schiff full of Schiff

    It's not true. Schiff believes in global competitive currency devaluation so you want to own gold. If gold goes down and the (global) economy will be fine? No stress you are fine owning dividend paying real stuff producing companies. Seems reasonable I would say.
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    Why is the Euro worth more than the $?

    Thanks.:)
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    Dow Gold ratio

    [/
  8. D

    Can HSBC bank print its own money?

    link fixed
  9. D

    2009 Budget defict: +$2 Trillion

    But all the banks are bankrupt. How can banks reward savers when they are bankrupt?
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    German Banks Are on the Edge of the Abyss

    Each continent/monetary zone will get it's bad bank and a new tax will be layed upon the people to pay it of. :)
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    On the purchasing power of my money...

    If oil goes to 10$ a barrel and gold to 2000$ an ounce... Has my money gained purchasing power or lost purchasing power? Cheers.
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    Art prices will drop by 40 percent this year as speculators leave market

    Marc Faber is very bearish on art. Worthless collectibles he calls it.
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    Gold above 1200$ an ounce in 2009?

    Jeez, what's with all the bears here... Just go long alright?:p
  14. D

    Freddie may draw additional $35 bln from Treasury

    Why not give them their own little nice printing press?
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    Britain In Full Blown Economic Panic

    This guy nails it pretty well http://www.youtube.com/watch?v=K8tVBWfgTls :p
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    Gold above 1200$ an ounce in 2009?

    THE ONLY TRUE safehaven indeed.
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    the end of UK.. RIP.

    The French have a savingsrate of +10%. Keep laughing all the way to the soupline Leapup.:p
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    The Falling Pound Raises Fears of Nationalization

    So you think this gives an advantage to the euro? How can they bring more consolidation if their most centralized CB fails.
  19. D

    The Falling Pound Raises Fears of Nationalization

    The US should have lost their AAA rating after the nationalisation of Fannie and Freddie alone. Abolish the rating agencies.
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