From the perspective of sovereign debt, the commonly understood process of hyperinflation is that if a government responds to declining foreign appetite for its debt with monetization (or in a historical context direct currency debasement) rather than immediate budget cuts, its currency looses value, at first in proportion to the dilution of the ( Read more... )

http://www.financialsense.com/editorials/saxena/2009/1016.html

http://www.pennwest.com/investors/financial-highlights.asp

I saw two accidents on the way to Chapel Hill this morning. One was a white SUV on its roof on Mount Carmel Church road, the other was at the bridge at University lake. When I drove over the lake, they still had the diving team at search. If given the choice, I'd rather roll it into a grove of trees over going into a lake, I imagine. Last ( Read more... )

Almond Swampwater
Crown Royal & Maple Syrup
Vanilla Swampwater
Strawberry
Orange
Raspberry
Blueberry Syrup Vodka
Apple Cinnamon Spiced Rum
Blueberry Vodka
Blueberry Spiced Rum


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I plan to go to Wake Med this evening to visit a friend (who is my age, btw.) after her stint operation. This will be her 2nd stint in her heart. I hope there will be no complications.. she is probably under as I type this.

If you knew with 100% certainty that your life expectancy will be 15 years, would you change the way you live?

I'm glad nobody was bitten by that black widow today. I saw it on the brick (after handing the brick to Carolyn) and yelled for her to drop it. She did, and we killed it. What a nasty looking thing.

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