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  • "This is cruder stuff than I usually go for. Abstruse financial analysis provides a more satisfying jolt of fright, dread, and incomprehension. One god-awful prediction that dances through my head at three in the morning is the “coming dollar debasement trade,�? which will happen when the Chinese and the rest of the world give up, en masse, on our currency as a reserve. The leading nightmare peddlers see it as nothing less than the end of civilized America." Pessimism Porn nymag

    March 28, 2009