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A Bit of Everything Updates! Cease Fire Demand | DEFENSE STOCKS DROP | Solar Update | U.S> Sells Qatar Apache Attack Helicopters for $7.6 Billion (Video) Must See!
Cease Fire Demand | DEFENSE STOCKS DROP | Solar Update
July 29 2014
We were told to watch the stock market and sure enough! The Middle East crisis is affecting us. Plus a solar update and other top headline updates! enjoy!
Stocks are in a bubble and will crash:
Ron Paul, the former U.S. representative from Texas and perhaps America’s most popular libertarian voice, has long said that the nation’s monetary and fiscal policies would result in massive inflation. According to the common measures of inflation, this has not yet occurred. But Paul maintains that the inflation he has warned of has indeed come to fruition in asset prices, and that once it unravels, a market crash will ensue.
“I think there’s plenty of inflation, but my definition of inflation is a little different than the rest, because I think prices going up in the different areas is a consequence of inflation,” Paul said on Tuesday’s “Futures Now.” “There’s a lot of inflation in the stock market. I think there’s a bubble there.”
He says that what’s occurring asset prices simply don’t comport with what’s happening in the economy.
“The growth isn’t there. The only thing that grows is the debt, and just think about how much money they have to create value in the stock market,” he said. “The unemployment is very, very bad, despite some of the optimism that is expressed with Wall Street, but that’s all deception. I think you still have to see a healthy economy and people aren’t complaining about structural employment, which is really insidious.” Read more
PLUS:
DOHA, March 27 (Reuters) – Qatar announced contracts worth about $23 billion on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up.
The world’s top liquefied natural gas (LNG) exporter announced deals with about 20 global companies, including firms from the United States which were awarded deals worth 27.5 billion riyals ($7.6 billion), said a spokeswoman for a Doha defense conference where the announcements were made.
The weapons purchases include large deals with Lockheed Martin, Raytheon and others.
Qatar, and other Gulf Arab and Middle Eastern countries are looking to acquire new high-tech military equipment to protect themselves from neighboring Iran and internal threats after the Arab Spring uprising.
Boeing confirmed that the announcement included a contract to buy 24 AH-64E Apache attack helicopters and three Boeing 737 Airborne early warning and control (AEW&C) aircraft.
The deal for the helicopters was valued at 8.9 billion riyals, said the spokeswoman for the conference. Read more
Are you prepared?
US SELLS QATAR APACHE ATTACK COPTERS/$7.6 BILLION
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