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China's Rise, America's Fall

China's Rise, America's Fall

Via Golem XIV's blog,

Will the rise of China mean the fall of America?  In a word, yes. Although decline might be more accurate.

Why do I think this?  Because China is about to launch the PetroYuan and when it does the demand for dollars and for dollar denominated debt will shrink. When it does, I question whether the world will be so sanguine about the level of debt that America carries. If that happens then the value of the dollar is in question.

The United States Of Toxins

The United States Of Toxins

Via Priceonomics.com,

Every year, the U.S. Environmental Protection Agency (EPA) requires most large industrial facilities to report the volume of toxic chemicals they release into the environment. 

The EPA takes this data and consolidates it into the Toxic Releases Inventory (TRI), which is then used to set environmental policies in place.

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