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  • Wall Street Breakfast: Must-Know News [View article]
    I have a question.

    What would happen if a nuke went off accidentially at full yield at KUMSEC?

    Best
    bill

    www.prosefights.org/nm...

    This could be bad for our investments?
    May 19 22:48 pm |Rating: 0 0 |Link to Comment
  • The Escalator of Life Is Going Down (Part 2)  [View article]
    "The Money Is Gone. Now What?
    FLOYD NORRIS
    Published: March 19, 2009

    The losses from the worldwide financial implosion are only now being tallied up. Adjusting to the reality is proving hard.

    ...

    As a society, we are not as rich as we thought we were. The Federal Reserve now estimates that American households as a group are poorer than they were four years ago, even before adjusting for inflation. That had not happened in any four-year period since the Fed began making those estimates more than half a century ago.

    It is not an easy reality to adjust to. But simply assuming that we deserve to live as if it had not happened will only make things worse."

    www.nytimes.com/2009/0...
    Mar 20 09:14 am |Rating: +16 0 |Link to Comment
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