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China Favors European Debt Over US
Tuesday, June 21, 2011 - 11:22am | 586Apparently, China is more confident in Europe than the United States, with regards to respective debt situations. For the first four months of 2011, China appears to have purchased more European debt than U.S. dollar assets, according to Market Watch. Is China more concerned with the fiscal...
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Why Land is the Best Long-Term Investment
Thursday, June 2, 2011 - 1:22pm | 373Last week, Nassim Taleb stated at a conference in Moscow that if he could only make one investment for the next ten years, he would buy land, according to Guru Focus. Taleb based his investment on his particularly bearish outlook for the United States. To give perspective, when it comes to the...
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Nassim Taleb: Debt Spreading "Like Cancer"
Thursday, June 10, 2010 - 12:37pm | 102Nassim Taleb told CNBC today that "we had less debt cumulatively (two years ago) and more people employed. Today, we have more risk in the system, and a smaller tax base." He also said that "bank balance sheets are just as bad as they were" when the financial crisis began, and "the quality of the...