Monday, December 26, 2011

Stuff below the fold

wondering why so few new drugs being developed? Maybe because the companies are going bankrupt.

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Oryza report about rice markets includes this about Greece's problems:

...Over 500 European banks took an estimated €489 billion (about $641 billion) in loans from the ECB yesterday. Greece’s debt will swell to the equivalent of about twice the size of the economy next year unless debt holders agree to accept bigger losses on Greek sovereign bond holdings. The IMF is pushing for creditors to accept the equivalent of a 65% loss in the net present value of their holdings of Greek government debt...


since one way to shrink the debt is inflation, I'm waiting for someone to notice this too...food prices on rice have gone up here again, and "luxury" items such as coffee and milk are constantly getting slightly higher...

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Conspiracy post of the day: What was that ball that landed in Namibia?


Heh...reminds me of this movie:



one of the all time best movies and available on youtube.
Funniest scene: When he explains how the Landrover ended up on the tree...

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The folks who celebrate Christmas the best are Pinoys.

Here it is commercial, lasts for three months, is full of church attending, and includes giving lots of money to relatives, and the poor.

the cousins who we missed yesterday afternoon just came back to wish us "Merry Christmas"


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