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<div><font face="Lucida Grande" color="#000000">"Š studies
compiled here suggest that at least some of the world's forested
ecosystems already may be responding to climate change and raise
concern that forests may become increasingly vulnerable to higher
background tree mortality rates and die-off in response to future
warming and drought, even in environments that are not normally
considered water-limited. Š. Overall, our review reveals the
potential for amplified tree mortality due to drought and heat in
forests worldwide."</font><br>
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<div><font face="Lucida Grande" color="#000000">Craig D. Allen, Alison
K. Macalady, Haroun Chenchouni, Dominique Bachelet et al. A
global overview of drought and heat-induced tree mortality reveals
emerging climate change risks for forests.<i> Forest Ecology and
Management</i> 259 (2010) 660-684 doi:</font><font
face="Lucida Grande"
color="#000054">10.1016/j.foreco.2009.09.001</font></div>
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"I know no safe depository of the ultimate powers of the society
but the people themselves; and if we think them not enlightened enough
to exercise their control with a wholesome discretion, the remedy is
not to take it from them, but to inform their discretion."
Thomas Jefferson, September 28, 1820<br>
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<div><font face="Geneva" size="-1" color="#000000">In his August
12,<b> 1996</b> article for<i> Barron's</i>, "Thriving Malaysia
Propels an Office-Tower Boom In Its Biggest City, and You Know What
Follows a Boom," Steven Bergman wrote "On the other hand, maybe
when Malaysia's prime minister spoke about transforming the country
into a developed nation, he meant that it really had to suffer through
a deep real-estate recession, like those experienced by the U.S. and
the U.K."</font></div>
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<div><font face="Geneva" size="-1" color="#000000">In his<b> 1998</b>
book,<i> The Crisis of Global Capitalism, </i> George Soros says,
"Construction is notorious for its boom/bust character and after
each bust bank managers become very cautious and resolve never to
become so exposed again. But when they are again awash in liquidity
and desperate to put money to work, a new cycle
begins."</font></div>
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<div><font face="Geneva" size="-1" color="#000000">"I have simply
tended to be negative about booms," investments guru Marc Faber
told<i> Asiaweek</i> magazine in a<b> February 2001</b> interview,
because booms "easily turn into bubbles that become bigger and go
bust." <br>
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<div><font face="Geneva" size="-1" color="#000000">In a<b> July,
2001</b> editorial,<i> The Economist</i> said that "It is no
coincidence that the deepest and most protracted recessions in recent
decades have taken hold in countries that experienced booms
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<div><font face="Geneva" size="-1" color="#000000">That<b> same
month</b>, Barron's columnist Gene Epstein said that easy money
"helps bring boom and bust in the first place" by making money
available to "unsustainable projects."</font></div>
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<div><font face="Geneva" size="-1" color="#000000">"Bank panics
invariably reveal the poor quality of lending that accompanied the
preceding boom."</font></div>
<div><font face="Geneva" size="-1" color="#000000">Edward Chancellor
"Panic passes but the causes remain"</font></div>
<div><font face="Geneva" size="-1" color="#000000"><i>Financial
Times</i>, October 14<b> 2008</b></font></div>
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<div><font face="Geneva" size="-1" color="#000000">"Housing markets
are notoriously prone to boom and bust. Š.. After a big boom, the
housing bust will be a wrenching affair."</font></div>
<div><font face="Geneva" size="-1" color="#000000"><i>The
Economist</i>, Boom and Gloom. May 18,<b> 2013</b></font></div>
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<div><font face="Geneva" size="-1" color="#000000">I'm open to
suggestions for a quote, from an equivalent source, on the status of
the shale fuels booms. LO</font></div>
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