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POPSGerman real estate company may vote to approve nationalization The interesting thing about this is the difference between American and European perspectives. Actions that are decried as socialism (like buying a 90% stake in a company) here are actually conservative in Europe (Merkel is the leader of the center-right Christian Democrats). Of course, since a wealthy American might lose his stake in the company, I fully expect Fox News to make a lot of hay out of this story.
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POPS'Soothsayer' blogger feels the heat Blame game to take the heat off the financial wizards working for the govt. Like any science, economics has some basic rules, but is complicated by reality. Minerva can make predictions based on these simple rules, as can you or me, and some will be correct. It is the dealing with reality bit that we, and Minerva, can come unstuck in.