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Sign-up for my 100% FREE Alerts. Well if we define a bubble as a period of excessive growth and artificially low interest rates, then China had a huge bubble, Faber told King World News on Wednesday, reiterating his previous calls for a China economic hard landing.
Author Jonathan Davis suggests "most professional forecasters in my experience know full well that the value of their forecasts is nugatory at best." He cites Sunday Times research showing that few forecasters managed more than five out of ten on their 2011 predictions!Then I read the below commentary in Bill Murphys daily commentary about the exchange: How Much Treasury Debt. If this doesnt scare the shit out of you and scare you out of paper dollars and into real assets like gold and silver then you are either brain dead or you just dont care anymore.It is going to be slow and methodical," Labrador told reporters. The argument that the new law would be too costly has struck a chord with Tea Party conservatives and could become a central theme of opposition in the House."America's entitlement system is already on a sinking ship and it would be fiscally irresponsible to add another 10 million people to the public assistance rolls," said Debbie Dooley, co-founder of the Atlanta Tea Party.
The data is summarized in the following table along with a comparison to last year and the five year average for the same week. Total commercial stocks of crude oil and refined products increased by 6.7 million barrels.
NZOG also said the Pike River receivers have begun repaying creditors after receiving over $80 million in a final online advance settlement from the mines insurers, details of which were announced last month.
Although courts interpretations of these terms can be unpredictable, understanding the interpretations in Part I and Part II of this series and using these tips when shopping for business interruption insurance, can help a business avoid financial devastation after a loss.
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