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Follow this link: Ritholtz on Gold and on Making Predictions; How Secular Bull Markets End; Winning vs. Investing
Tweet For several centuries, Eli has been pointing out that he and Barry Bickmore agree on the coming threats from human driven climate change, but probably disagree on how to deal with it. Bunnies might call this the WG1/WG3 dichotomy. Mark Boslough , well he and Eli could probably agree that they disagree of WG3, but in both those cases, working from the same physical reality there is at least some possibility that something could be done in the end. Eli would say the same thing in the other direction about folk like Tenny Naumer or even Joe Romm, in the later case Eli is somewhat intermediate with Barry Brook on the other side, since nuclear and renewables complement each other.
Credit Contraction Exceeds 6% in Spain, Highest Ever in Crisis According to prime minister Mariano Rajoy, Spain has been on the verge of recovery for two years. Rajoy has also promised to bring Spain’s budget deficit to 3% of GDP for two straight years. And EU has extended the timeline for Spain to hit that goal from 2012 to 2013 to 2014 to 2015 and now to 2016.
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See more here: Rand Paul Walks Fine Line to Prove He is Not His Dad; Reflections on Pragmatic Pandering
See more here: Mamufacturing ISM Rebounds Slightly but Employment Drops; ISM at a Glance
Continue reading here: China Manufacturing Conditions Deteriorate, New Export Orders Fall at Fastest Rate Since March 2009
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