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    Deflation is coming!

    So you are saying even if rates would be at 10%, banks would have been allowed to fail and QE2 let alone QE1 would have never happened oil would still be at 100$ a barrel today?
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    Martin Armstrong on China.

    http://www.martinarmstrong.org/files/The%20Assent%20of%20China%20the%20New%20Face%20of%20China%201-25-2011.pdf Great read, as always.
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    Santelli Rips Leisman Over Employment Data

    I like Kudlow. Especially when he has Jim Rogers on. 'Jim, old friend, I know you will say it's impossible but just go along with this....What if the economy improves, employment picks up and central banks stop printing money....wouldnt that make gold go down?' Rogers: Stop printing...
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    Why do Americans go to expensive lib art schools?

    I see what you mean but be honest, the disconnect between earnings and debt build up is there not only for art students or is it? I have to be honest and admit not being all that familiar with the concept of going so deep into debt to get a degree. I live in europe and over here getting a...
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    Why do Americans go to expensive lib art schools?

    Because they are looking for cultural and personal enrichment. Not everyone wants to be a droid who's sole purpose in life is bringing in the biggest paycheck.
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    Iceland to grow by 3% this year

    Its dutch (for GDP) sorry and so is the link. http://www.telegraaf.nl/dft/8456900/__IJsland_betaalt_schuld_terug__.html Anway, I agree they did more then other countries to try and 'flush' the system...but they didnt went all the way obviously out of international pressure.
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    Iceland to grow by 3% this year

    The amount agreed to compensate British and Dutch savers can - on a yearly base - never be lower then 1,3% of Iceland BNP or higher then 5% of BNP. Shortages or surpluses will be shifted into the next year. Thats not as insignificant as you point it out to be. Other then that how much...
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    Iceland to grow by 3% this year

    They didnt allow their banks to go bust at all. They are billions in debt to the foreign depositors in their banks.
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    People Begin Living Without Electricity and Water in California

    Put all your money in some penny stock miners, get on your knees and pray.
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    Euro footie transfer madness

    100 million USD for Tores 70 million USD for Carrol 35 million USD for Suarez Offers of 80 million for Aguero rejected in Spain... lol Party like it's 1999. I bet you in our life times we will see 1 billion players emerge.
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    Tunisia, then Egypt, now Yemen ....

    Scataphagos has a very myopic view on the world where supposably all problems sollely derive from US monetary mismanagement.
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    Zeitgeist : Moving Forward

    5 old men with beards telling how we should run the economy. What else is new...:D
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    Tunisia, then Egypt, now Yemen ....

    I'm sure the CIA has a few strawmen lined up to take charge after the dust settles. Anyway, police states like these deserve to be overthrown and the people deserve the world's sympathy for trying so.
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    Tunisia, then Egypt, now Yemen ....

    It's about time these people stood up against their rulers.
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    Fu Piigs

    The Euro is what...15% from its all time high? That's still bull market territory! Quite amazing when you think of it... An entire continent on the verge of bankrupty and the USD fails to achieve any kind of significant rally against it. What does that tells about both the Euro and the USD?
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    Fu Piigs

    So you too think George Soros is the root of all evil?
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    Fu Piigs

    If economic strength, transparent government or healthy public finances are key elements in deciding ones most desirable place to live Spain or Greece would never be favoured above say northern europe today but neither would they have been 10 years or 20 years ago so I fail to see how this...
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