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The federal government is shutting down the dredging that was being done to create protective sand berms in the Gulf of Mexico.
It sounded good at the press conference, but this idea was never going to work anyway.
Posted on Jun 23, 2010 at 09:08
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Jim Rickards - Fed is lousy at seeing bubbles, they never see them; Marc Faber - two possibilities "a 1987-style collapse," or a 1973-74-style slow "sliding slope of hope."alexmark
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