Cross-sectional data Cross-sectional data are data on one or more variables collected at a single point in time. For example, the data might be on: ● A poll of usage of Internet stockbroking services ● A cross-section of stock returns on the New York Stock Exchange (NYSE) ● A sample of bond credit ratings for UK banks. Problems that could be tackled using cross-sectional data: ● The relationship between company size and the return to investing in its shares ● The relationship between a country’s GDP level and the probability that the government will default on its sovereign debt.
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Look at what's been uncovered lately : Morally and financially bankrupt western governments have resorted to direct confiscation of people's bank accounts. They have used their tax services to bully political opposition groups. They have used their intelligence services to surveil their own citizens and press. They have completely destroyed any vestiges of the free market. They have insidiously pillaged people's savings through inflation. They have indebted future generations who will not be born for decades. They have manipulated the price of money, thus creating massive distortions and bubbles across ALL financial markets. The list of egregious offenses by these governments reads like a modern day version of the Declaration of Independence, in which Thomas Jefferson so eloquently lists the British King's "long train of abuses", including: He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance. He has obstructed the Administration of Justice He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation and tyranny For taking away our Charters, abolishing our most valuable Laws, and altering fundamentally the Forms of our Governments Sound familiar? We've been talking about solutions in our daily letters and premium publications for several years. And it makes a LOT of sense to consider holding precious metals overseas, establishing a bank account in a stable foreign country, shipping your retirement account abroad, etc. But if you really want to declare your own independence and take back your personal sovereignty, sometimes this means getting out of dodge. Because if history is any indicator, it's only going to get worse. This is just the beginning. History shows that desperate, insolvent nations almost INVARIABLY resort to vain attempts at despotic control-- capital controls, wage and price controls, border controls, people controls. And the worse things get, the more destructive the tactics become. It really makes a lot of sense to have a place to go. Or at least, to KNOW where you and your family would go if you ever felt urgency need to leave town. Candidly, this is much better approach than waiting around for Revolution 2.0 to begin. If you really want to help, you're going to be in a much better position to do so from overseas, with your family and savings in tact. The world is a big place, and there are a lot of great options, including Chile. It would be prudent to start thinking about these options now... because the time to start researching isn't while you're packing your suitcase. Average: 3.285715 Your rating: None Average: 3.3 ( 14 votes) Tweet - advertisements - Login or register to post comments 5176 reads Printer-friendly version Send to friend Similar Articles You Might Enjoy: Ron Paul: "It's Going to Get Much, Much Worse" The Only 2011 Forecast With A Bizarro Chance Of Getting It All Correct Plaza Accord 2.0: Is It Coming? Is It Here? Guest Post: If The US Goes, Won't The Rest Of The World Be Even Worse? Guest Post: Are There Any Currencies Backed By Gold?