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The weekly numbers for initial jobless claims were released today showing a “better than expected” number of “only” 432,000. The “better than expected” part of this number is because the average estimate by a group of leading economists was for this number to come in at 460,000.

One of the greatest challenges we face in this next decade of the 21st Century, is to change over from an Oil based economy, towards an economy that uses more natural, and sustainable energies. Oil is now becoming a dwindling, and more expensive resource, and the main cause of this is that emerging Countries are emulating the American model of development.