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U.S. "Inflationary Nightmare", Made in China

|Includes: APA, APC, Chesapeake Energy Corporation (CHK), CVX, DVN, MRO, RRC, XOM

 

Mr. Miller concurs and has been warning about the four (4) major drivers of the foregone U.S. double dip recession; 1) inflationary energy and food costs; 2) real unemployment at 15%; 3) distressed real estate market; and 4) U.S. Federal Reserve warehousing of distressed mortgage backed securities and treasury securities.

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