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S W
Member since May 2012
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has posted a comment on the article :
>Why Pensions Are A (Big) Black Swan - John Rubino - Dollar Collapse
No (pensions) are not a black swan, which is totally random unforeseen event.

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Beginning of the headline :When talk turns to what might derail today's debt-driven "recovery," the big names and easy stories get most of the attention: China with its soaring debt, volatile equities and heavy-handed intervention; Japan with its stratospheric debt and science fictiony demographics; Greece, which needs no explanation; the developing countries with their weak currencies and mountain of dollar-denominated debt. And of course America's triple bubble of stocks, bonds and derivatives. Underfunded pe... Read More
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