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Tuesday, December 1, 2009

The next threat to your 401(k)

OK, when they built an indoor ski resort in the middle of the Arabian desert, maybe we should have sensed a speculative bubble in the making. But the financial mess in Dubai may be just the beginning of heavy government debt coming back to bite borrowers and lenders alike, in many different parts of the world.

Comments (2)

A week after the Race To Dubai, welcome to the Race From Dubai.

Au topped $1200/oz yesterday. Diversify the mattresses in which tuck your gold coins.

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