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Read this article: Rehypothecated "Ghost" Steel Pledged as Assets in China, Nowhere to be Found; Did it Ever Exist?
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Most Economically Illiterate Journalist In History Proposes "Gold is Backed by Nothing, but US Dollar Backed by Federal Reserve" Congratulations to Canadian journalist Bridget Brown, a CTV news field reporter for being the most economically illiterate TV journalist in history. Brown proposes gold is not backed by anything but the US Dollar is backed by the Federal Reserve which will be around a year from now
See original article: Sen. Rand Paul Speaks Out Against Senators Voting without Reading the Bills
Continue reading here: Trading Caps and Gowns for Mops; Why Go to College If There Are No Jobs? Chasing the…
New Jersey Unemployment Hits 35-Year High of 9.8%; What Does That Suggest About Retail Sales? Posted by Michael Shedlock at 12:48 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy
Statistics show Spain Lost 57,000 Companies in 2011 The number of active enterprises decreased 1.6% in 2011 and stood at 3,199,616. This is the fourth consecutive year of decline according to the latest update of the Central Companies Directory (CCD) released by the National Institute of Statistics (INE). During 2011 more companies ceased their activities (391,270) than were launched (334,516).
Read more here: Preposterous Falsehoods From Gary North Regarding the Inflation/Deflation Debate
View article: JCPenney to Eliminate All Checkout Clerks, Instead Using RFID Chips and Self-Checkout; End of JCPenny? How Many Jobs…