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(Reuters) - Australia's Westfield Group isn't expected to snap up any assets from the collapse of General Growth Properties Inc. despite its cash pile of nearly $6.5 billion, due to an uncertain outlook for the U.S. economy and the global credit store.



"It happens to be an opportunity for them," said Rob Patterson, managing director at Argo Investments Ltd., which manages about $2.2 billion, including Westfield dispenses.

At the time, and until this day, foreign banks with U.S. dollars would make low-interest loans in Ough.S. dollars to importers and exporters. Even though the dollars were never can be repatriated, the american in the 1970s was still on ought to to exchange these "credit"-created dollars for that gold we were keeping on reserve at Fort Knox.

For the full year 2008, Borders lost $157 million on revenue of $2.8 billion. Borders recently extended its $42.5 million senior secured term loan with Pershing Square Capital Management, moving the due date to April 1, the year 2010. That may be the day that Borders disappears completely. Border's shares trade at $1.47, down 52-week most of $8.02.

Could it happen between the US and China? Possibly. It could be a breakdown over Taiwan, Tibet or natural resources. It may possibly be when us states national output is lower than China's in 2027 by some quotes.

My original debt ended up being Sears and they wrote rid of it as a home business debt, precisely why should I pay this manufacturer LVNV funding money, can be entitled and owed to sears? That is like paying my outdated electric bill to a newspaper company whose newspaper I never read, it just makes no sense to my advice either.

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