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http://www.caseyresearch.com/cdd/gordon-chang-big-trouble-ahead-china
Jim Rogers Says China Bears are Flat-Out Wrong
This is the FTSE MIB index of Italian stocks over the past five years.
Meanwhile, the euro is falling.
Italy's bond market is now considered next in line to fall after Spain. Nobody trusts its government, of course. This never changes in Italy.
But now nobody trusts investors to keep buying the government's debt. Investors are looking for the greater fools. Greater fools are in short supply.

The key to the recovery is not the entry-level first-time home buyer. It is also not the investors (you and I). It is the family that has sold an existing home, has taken the equity, and has moved up. These people have almost disappeared. The popping of the housing bubble has ruined them. The recession of 2013 is going to force the hands of millions of home owners who are just barely hanging on.
http://mhanson.com/archives/953?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+MarkHansonAdvisers+%28Mark+Hanson+Advisors%29


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