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Doomsday Scenario: Eat more and die faster, Russian car loans, indulgences for sale

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The markets have been up so strongly that it's shockingly wonderful not to be able to find too much market bad news but a few things merit mention today. A new study out of the UK found that even being mildly overweight can have a major impact on life expectancy -- as in, three years less. Will people stop eating donuts and burgers? Nah.


Apparently, investors bidding up General Electric Company (NYS: GE) shares in the past week failed to speak to their man or woman in Moscow, where the multi-national finance giant is getting clobbered on soaring credit card and car loan defaults. Time to crack that bottle of Stoli, Mr. Immelt. If the Fed announcing that it would be adding another $1 trillion plus to its balance sheet made you fear for the future, no worries. Just buy up a few electronic indulgences, buy yourself some good karma and possibly a way out of digital purgatory. And if that's what you are buying, I have a shopping mall in Central Florida to sell you.

Alex Salkever is the Director of Research at Piqqem.com, a stock prediction community powered by the Wisdom of Crowds.
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Last updated: November 23, 2009: 12:51 PM

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