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Tuesday, April 6, 2010
PIIGS AND SPACE (or Pearls to PIIGS and Chinese Family Planning in Space)
Sovereign Danger (PIIGS)
Excerpts: Portugal on Tuesday became only the latest of the so-called PIIGS — Portugal, Italy, Ireland, Greece and Spain — to be hit by speculation that it might soon fail. Greece is already technically in default on its debts, and has had to make humiliating requests for aid from the EU, U.S. and IMF.
....Meanwhile, total U.S. debt is set to swell from about 60% of GDP just three years ago to 115% or higher by 2014, according to IMF estimates. "For all intents and purposes," says Cato Institute economist Daniel J. Mitchell, "America is on a path to become a European-style welfare state."
France, Germany agree on eurozone, IMF bailout
The Czar Wars, Episode I, Scene 10, Cash for Clunkers Mojo
Excerpt: Funds for Foreign Sovereignty (IMF bailout early bird bonus for subordination to the New World Order))
China's New Requirement for Women in Space: Married with Children
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