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Daily Archives: November 19, 2013
US cities face billions in pension shortfalls
This is what happens when savers and pension plans take their investment advice from the risk-selling investment bankers: too little is contributed and great hopes are pinned on financial speculation rather than reasonable math and return prospects. During secular bear … Continue reading
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The end of the commodities super cycle and over-priced stocks
Short-seller Jim Chanos updates on the end of the commodities super cycle and the risk of presently jubilant stock prices for investors. He spoke with Reuters today. Here is a direct video link. This long-term chart of the price of … Continue reading
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Inverse mentors or mentors?
The always entertaining Mayor Rob Ford sat down with The National’s Peter Mansbridge last night to explain why he is now working with a personal trainer and plans to revamp his image in preparation for the next election in Toronto. … Continue reading
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