"This the man who, in opposition, said there would be a day of reckoning for the banks, " he said.
With money printing the real force behind economic growth worldwide, Gundlach believes the GDPs are artificially inflated and expects a day of reckoning.
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But with the world economy stagnating, and U.S. unemployment at stubbornly high levels since the recession, a day of reckoning appears to be looming.
And that is what will lead to a day of reckoning.
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The bottom line is this: There will be a day of reckoning when it comes to fossil fuels, and investors need to take far stronger steps to avoid the climate cliff.
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"It will be a day of reckoning and I think you are going to see the chancellor forecast the longest recession that Britain has had since World War II, " he said.
Two biotech companies testing high-risk treatments for fatal cancers are approaching a day of reckoning on Monday, when doctors will convene to advise the Food and Drug Administration on whether their drugs are worth approving.
There will come a point, a day of reckoning, but at this moment, I think we have to challenge the Iraqis to do better and so that the American troops can start to come home.
"It's a day of reckoning and justice, " Clarita Vargas, who said she and two sisters were abused by a priest at a Jesuit-run school for Native American children in the state of Washington, told the Associated Press.
But what has happened may be only a delay in the day of reckoning.
Until that day of reckoning a caretaker government will run the country.
Italy was headed for national elections in April anyway, so his abrupt not-quite-yet-resignation advances the day of reckoning by a couple of months at most.
The timing impasse may well have been a welcome relief to Olmert, delaying the day of reckoning with the settlers.
The day of reckoning will not be a pretty sight.
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"Chris has just delayed the inevitable day of reckoning for 12 months, " a spokeswoman said.
Postponing this day of financial reckoning will make more likely a nuclear Iran and more capable and dangerous U.S. adversaries worldwide.
Its day of reckoning, in the sense of a decision on whether to become the first really big eurozone economy to subject itself to the humiliation of being run from Brussels and Washington, by the European Commission and IMF, looms.
In Indonesia, the day of reckoning has now arrived: I believe a reformed system will be in place post-Suharto.
On the other hand, the government's new guarantees for trillions in private debt and a trillion-dollar federal deficit for fiscal 2009 could both hasten the day of reckoning if foreigners who have been buying up most new Treasury debt become concerned about the U.S. government's long-term fiscal prospects and put their money elsewhere.
For Lilly, the day of reckoning was Oct. 25, 2011, when competitors announced a generic version of Zyprexa, an antipsychotic medication.
The other day, I criticized Kingdoms of Amalur: The Reckoning, saying that despite capable gameplay, a well-built world, and easy RPG mechanics, it had no style.
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If Washington can agree on something or at least push out the day of reckoning, bank stocks must start to discount the end to net interest margin depression, a big plus dwelling in the cards.
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