Word: points
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Dates: during 2000-2009
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...have made predictions of impending economic doom seem a lot more credible than they used to. When Faber forecasts not only a worthless dollar but also a "collapse of our capitalistic system as we know it today," it's impossible to dismiss him out of hand. Second, the data point that has dollar worriers most alarmed - burgeoning U.S.-government debt - is for real. Finally, the global monetary setup we've had since the early 1970s (one with the dollar at its center) is looking rickety. Something has to give. (See pictures of the global financial crisis...
There's not much to add to the first point - that really bad stuff can happen - other than to note that capitalism has just experienced the equivalent of a meteor near miss. But the second and third points demand more explanation. The reason a big federal debt undermines the dollar is that a government with really big debts will be tempted to inflate its way out by printing money to pay creditors. Printing more dollars (the process actually involves the Federal Reserve's purchasing government securities with dollars it conjures out of thin air) reduces the value of existing dollars...
JAMES WEILL, president of the Food Research and Action Center, on an analysis of 30 years of data that found nearly half of all U.S. children and 90% of black youths will have to depend on food stamps at some point in their childhoods...
...have an uncle). I did this by clicking a button. Morillo and I "fought." I hurt him more than he hurt me. Success: "You faced Giancarlo Morillo and forced him into seeing things your way." This seemed like a good way to get experience, so I explained my point of view to Morillo five more times. I went up a level. Nothing personal, Giancarlo. Strictly business...
...certainly intend to point to the literature that links sugared beverages to other health conditions like obesity, dental care, and diabetes,” he said...