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Jesus would say, Recognize the difference between wealth and money. Wealth is the progressive realization of worthy goals, the ability to love and have compassion, meaningful and caring relationships. There's $2.9 trillion circulating in the world's markets every day, less than 2% of which goes to provide goods and services to humanity. The rest is one big casino, making money off money or losing money off money. We have a culture where we spend what we haven't earned to buy things we don't need to impress people we don't like, and now the situation...
...return to the original lender). The objective is to achieve - for hefty fees - consistent positive returns in good and bad markets, and at reduced risk. But the crash in global equity markets has dented fund performance and fractured investor confidence. In September alone, $43 billion fled the $1.7 trillion industry, according to TrimTabs Investment Research. "Hedge-fund investors are losing so much money elsewhere, they're shooting first and asking questions later," says Robert Howe, a fund manager in Hong Kong...
...gastrointestinal tract, a complex ecosystem made up of helpful and harmful bugs whose interactions aren't fully understood. The bugs begin to infiltrate when we're born. Some make us sick, while others help the body work better. An average adult gut contains about a kilogram of bacteria - 100 trillion bugs of some 500 different species...
China announced a huge economic stimulus package on Sunday, pledging to spend some 4 trillion renminbi - about $586 billion - on a wide range of moves designed to boost an economy starting to feel the effects of the worldwide financial crisis. The move was widely welcomed by economists and investors. The Hong Kong Stock Exchange's main index gained 3.5% on the following day, while the Shanghai Composite Index soared...
...consumer, and business now retrenching - and laying people off - all are a formula for possible deflation. What's so wrong with declining prices? For one thing, it makes the real cost of paying off debt that much higher - and for American consumers in hock to the tune of $14 trillion, anything that makes that debt burden more onerous is anything but helpful. (Read "10 Things to Do With Your Money Right...