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Fresh evidence points to paralysis of global economy
"Data from US and Japan triggered fears that the downturn has turned into the worst slump since the 1930s! Larry Elliott, economics editor guardian.co.uk The sharpest contraction in US growth for more than a quarter of a century, a collapse in Japanese factory output and an... Pepsi and IBM are Now More Creditworthy than the U.S. Government
" Agora Financial’s Rude Awakening notes that the U.S. Government is now considered less credit-worthy than Pepsi or IBM by the credit default swap market: "As the nearby chart indicates, the price of insuring Treasury debt against default now costs more than the price of...Trend Alert: Global Systemic Crisis, Geopolitical Dislocation!
" By Leap2020 GEAB N°32 is available! 4th quarter 2009 – Beginning of Phase 5 of the global systemic crisis: phase of global geopolitical dislocation - Public announcement GEAB N°32 (February 16, 2009) - Back in February 2006, LEAP/E2020 estimated that the...Top Members Today
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