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in anticipation for totk i have made a sticker sheet of some of my bestest little korok friends
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teesturtle · 4 years
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Vintage owl mountain five billion star hotel shirt
Vintage owl mountain five billion star hotel shirt
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webpostingpro-blog · 7 years
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New Post has been published on Webpostingpro
New Post has been published on https://webpostingpro.com/taking-pride-in-bipartisan-efforts-to-improve-education-in-minnesota-2/
Taking pride in bipartisan efforts to improve education in Minnesota
GUWAHATI: Assam ministers and MLAs, except bureaucrats along with IFS, IAS and IPS officials, had been busy for 4 days the final week. They were trying to get entry to the extent of getting to know of government faculty college students till class VIII.
Alarmed through the negative performances, the BJP-led government within the country raped inside the services of the MLAs and bureaucrats as a part of its event “Gunotsav”, which pursuits to advantage qualitative improvement in primary schooling. The primary section, conducted from April four to 7, protected nine, eleven,588 college students of 12,320 faculties in eight districts.
Nation’s education minister, Himanta Biswa Sarma,
Started the event become inspired through a Gujarat government initiative, launched 10 years ago by using the then CM Narendra Modi.
“The program will get right on entry to the first-rate of training, network participation, and infrastructure in colleges. It’ll assist discover areas that need improvement,” Sarma stated.
The country’s Sarva Siksha Abhijan assignment director Aruna Rajoria said reviews highlighting the negative degree of performance of students in authorities colleges brought about them to take up the initiative. “A few college students are doing well in language, A few in math and others in other subjects.
This will be because of gaps in learning. So, we concept that by means of assessing the scholastic stages of youngsters and by way of getting ready a remedial package deal for them, we are able to refill the gaps,” she said.
The Importance Of Taking Calculated Risks In Business
Many humans develop up with the belief that taking dangers is a terrible issue. Whether or not you’re seeking to begin a commercial enterprise or expand it, every challenge brings a danger of failure. It isn’t always excellent to make choices as you cross along, it is higher to develop a strategic plan from the get cross. every opportunity that comes via has to accelerate ahead on your corporation’s long-term imaginative and prescient. An excellent risk is the end result of figuring out needs, distinguishing regions that need growth, creating a strategic plan, and taking it upon yourself to do away with waiting for omissions.Taking.
The takings clause means that
Maximum business owners ought to discover ways to take calculated risks, it is able to no longer come naturally, however similar to the whole lot else, if you want to succeed, you’ll research the trait. Apprehend the cost of danger in an enterprise. Taking dangers is wanted for any business perfect. Without dangers, little or no is cultivated and clients come to be without problems bored with your product, provider or software. dangers open the door to many prospects.
Dangers deliver alternate
For a business, dangers can deliver new markets, new human beings, and new possibilities. dangers force leaders to cast off their fears and take strides to the destiny of fulfillment. Many human beings are alluded to pay attention to the voice in their head this is telling them, it is not the proper time” or “ought to I try once more, it didn’t paintings closing time.” Getting to know to get through self-doubting will take you to new levels of achievement.
Over-analyzing
Leaders tend to emerge as numb in the business international when they spend too much time thinking about the effects and in all likelihood mistakes. Over-reading before going forward with the plan weakens the consequences of the organization.
Set up the dangers
A massive a part of calculated dangers includes pinpointing the possible negatives and growing plans to position out the fires after execution. Via spotting dangers in advance, businesses may have a better final result closer to achievement.
Are expecting mistakes
earlier than executing any plans, be prepared for errors. They are unavoidable factors in hazard taking. Further, you’ll have to be organized to handle the effects, tolerate the possibility of failing, and be ready to create and broaden plans to turn matters around. Keep in mind that a hazard is a manner for the corporation to move in a brand new path. mistakes are a natural aspect of the procedure of Mastering.
Take the jump
Simply do it! Once you weigh all of your options, implement a plan and Simply watch it spread. The end result will be extraordinary than what you had anticipated. The end result will be a failure or a whole achievement. Regardless of the end result, you need to retain taking risks as it builds confidence and brings achievement to a commercial enterprise.
Congress Looks to Avert Eurozone Struggles and Damage to Sterling US Credit Rating
This week, President Obama urged congress to attain a compromise on the so-referred to as debt ceiling the criminal ceiling for federal debt and agree on new finances that might stability America’s books. Policy wonks and politicos have prophesized that any extended, bipartisan stalemate might plunge The use into economic turmoil anew. It appears the congressional “Gang of Six, “composed of the top lawmakers on either side of the isle, has, in the end, agreed to transport forward with talks to reduce almost 3.7 trillion dollars in federal spending over the following 10 years. Though it’s far doubtful from what applications and jurisdictions this cash will come, it’s far clear that attaining a very last model any compromise and subsequent bill, within the bipartisan House and Senate, can be long and anguished.forbes education rankings.bipartisan in a sentence
Credit card payments become a headache for every person
Plenty of us can be relieved that the united states government isn’t always going to shut down as it threatened generally in advance this spring. A few would possibly keep in mind the lots of presidency employees furloughed due to the fact lawmakers could not reach an agreement over the federal budget.
Evidently, even the maximum powerful people in u. S . are suffering to reign in spending and manage their Credit score.
These transient lapses in government underscore the supply, or lack thereof, of latest Credit and new Credit score options. US lawmakers are efficaciously engaged in what many Credit card customers could apprehend as a Credit score card negotiation.
Like any Credit card consumers with revolving debt, many lawmakers have become their first massive flavor of the anxiety and pressure that comes whilst creditors call and also you cannot pay up in this situation, failure to pay up ought to suggest years of political backlash from the irritated electorate. What is worse, a federally sized “Credit score card negotiation” long past wrong could undermine the frail, however, getting the better global financial system.
Unlike the Eurozone
During the last 12 months, the use, notwithstanding opinions and forecasts to the opposite, has weathered tough economic forecasts with brassy conviction. A whole lot of the Eurozone, in nations like Italy, Spain, and Greece, has suffered a paralyzing series of intense economic shocks equal to state-sized financial disaster. Not sometimes have financial earthquakes punished the Eurozone and driven it to the edge. global creditor and banking confidence has been rattled by means of excessive unemployment in pivotal Eurozone international locations and the discount of loads of billions of dollars of European customer debt to “junk” repute.
Of path, nobody can argue that we and the Eurozone have not fallen upon similar hard times. Traditionally, however, there has always been the main distinction inside the outlook of yanked purchasers and Europeans-American self-assurance generally prevails over the problem. That appears to still resonate with a bipartisan Congress this week: Individuals move forward.bipartisan in a sentence
Cultural Education of The Youth: The Vehicle For Sustainable National Development
The knowledge on cultural practices which might be beneficial for society and country constructing has been the lasting treasures of the old sages in diverse communities. They have been lucky to have been enlightened and tutored by means of their fathers and different vintage own family individuals. The manner of cultural schooling become thru casual means and settings. This covered evening gatherings, society meetings, and at some point of communal works and interactions with the elderly individuals of the network. The everyday tutoring that became received by way of the contemporary vintage generation via these informal avenues abreast them with the time-tested cultural practices that make certain correct relationships, correct work ethics and the exhibition of right ethical conduct.
It’s far unhappy that the cutting-
Edge generation of youths isn’t privileged as their elderly generation. Most people of those children are terrible within the expertise of those relevant cultural practices. It’s far as though the casual channels of tutoring had been blocked. If care isn’t always taken to arrest this anomaly, modern societies could quickly experience the wiping out of the aged technology who’re the holders of the understanding of the cultural practices. This would forever bring about the lack of all of the knowledge concerning the cultural practices. Therefore, pragmatic measures must be taken through cultural institutions, instructional establishments, and governments to roll out various means through which the cultural training of the wealthy cultural heritage of the forebears would be relayed to the children in various groups.Forbes education rankings
Cultural practices like proverbs, the narration of folklores,
Tales and myths have been models of cultural practice that provided effective behavioral training for the younger ones in societies. After the narration of the morally charged proverb or tale, the elders who served as the instructors requested the youths diverse questions that helped them to motive and glean the import of the narrative. This groomed their feel of judgment, reasoning, and problem fixing capabilities. Also, the lessons learned from the cultural practices deepened the clear up of the young people in that age to illustrate suitable developments along with honesty,
Diligence, appreciate for the elderly
Use of desirable speech while abhorring terrible tendencies like stealing, use of bad speech crowded with profane expressions, disrespect, and laziness. As a cultural anthropologist, I am of the view that this might have accounted for the high development in economics, environment and other spheres of lifestyles inside the early years of humanity. It would have Also been the secret behind the lengthy earthly lifestyles attained by using the morally upright predecessors.news universities
0 notes
silviajburke · 7 years
Text
China’s $3 Trillion Countdown Clock
This post China’s $3 Trillion Countdown Clock appeared first on Daily Reckoning.
[Ed. Note: Jim Rickards’ latest New York Times bestseller, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, learn how to score your free copy here. This vital book transcends geopolitics and media bias to prepare you for the next crisis in the ice-nine lockdown.] 
It’s very difficult to think of a really important economic issue today that is not also a geopolitical issue. The geopolitical becomes the economic. For every economic issue discussed, there’s a geopolitical face to it, and vice versa. You really need to mash up the two together.
One of the biggest convergences today between economics and geopolitics is China’s three trillion dollar countdown clock.
The first that needs to be made is that this problem used to be a four trillion dollar countdown clock, and it’s now down to three trillion. Currently, numbers have that figure slightly below three trillion when evaluating China’s hard currency reserve position. Any country has a currency reserve. Think of it like a savings account, to make it really simple. You stick it in the bank, or a brokerage account, and that’s your savings.
Countries are not that much different than individuals. They make money, and they spend money. A country that exports more than it imports is going to have a trade surplus. China is an example of this.
China sells considerably more to the world than it buys. They get paid predominantly in U.S dollars and the excess is what has been built up in the Chinese economy and its reserve position.
Over a twenty year period, by the end of 2014, it had the largest reserve position in the history of the world. It was slightly more than four trillion dollars. While not all of it was in dollars, a majority was.
The other part of that was approximately two trillion dollars that was invested in U.S. government securities of various kinds. That’s what the Chinese economy earned from building huge trade surpluses over the past twenty years.
What has happened since the end of 2014? Well the first thing that happened is that they have lost over a trillion dollars. As of a month ago they were down to about three trillion. A trillion dollars has gone away. Where did it go? The answer is, China has been trying to prop up its currency. Its currency is the Yuan.
The exchange rate between yuan and dollars is around seven to one or just a little bit less. It wasn’t that long ago when it was close to six yuan to the dollar. This meets the definition of devaluation.
How has China done this? The simple version of making the price of anything go up is making considerable purchases. China has gone into the market and used dollars from its reserves to purchase yuan, its own money, in order to keep it stronger.
In doing that they have pushed a plan of spending the dollars. U.S dollars are leaving and that’s where the trillion dollars has gone. Ultimately, the Chinese economy has used upwards of a trillion dollars to prop up the yuan.
Where has the rest gone? The Chinese people are trying to get their money out of China. I have recently returned from China. While there for over a week I spoke with a lot of people, not just the elites. One thing I heard across the board, without exception, was that everybody’s trying to get their money out of China.
We see this in luxury real estate markets around the world. The wealthy Chinese are seeking to get money out of the Chinese economy have heavily invested in high end real estate. They buy very expensive condos. You see it in Sydney, Vancouver, New York, London, Istanbul. All over the world, we see the same story.
These are the two problems facing China. One, China spending massive amounts of money to prop up the yuan. Two, Chinese individuals getting their money out of China. Regardless of how it happens, dollars are leaving China as fast as they can.
China going from four trillion dollars to less than three trillion dollars is this a problem because about one trillion of that is liquid. Now, it doesn’t mean it’s worthless, or going to zero. It’s not available in the form of cash or liquid instruments. What that means is it is not available to prop up the exchange rate. It is also not available to pay off debt or to help people get money out of China.
The reason we have a banking panic in China right now is that while it’s a rotten system that is full of bad debts, China can still bail it out.
A couple of years ago I was in Nanjing, China and met with local officials while they were in the process of building these “ghost cities.” I went out and visited ghost cities that were as far as the eye can see. Each one had skyscrapers, apartments, hotels, resorts, shopping centers. But they were completely empty.
I asked the Chinese government officials, how’d you pay for all of this? They responded, “we borrowed the money.” When I asked how they plan on paying back the debt they remarked it was not possible and that, “Beijing’s going to bail us out.” What this means is that the attitude not only outside of China, but inside of China is that Beijing is going to bail them out.
When people lose confidence in your currency, when they lose confidence in the ability to maintain a exchange rate, they don’t take the money out at a constant rate, they take it out at an accelerating rate.
Think of it as people running out of a crowded theater. You don’t want to be the last one out. The same is true of creditors. of wealthy Chinese, of anyone with money in the country.
This whole thing is imploding, and it won’t be 50 billion dollars a month. It will be 50 and then it’ll be 60 and then things hit the wall. If this trend continues the way it is, my estimate is that China will be broke by the end of 2017. Will that actually be allowed to happen? No, the Chinese won’t let it. But then you have to say, what’s the reaction?
If they’re in the process of going broke, what is it that they can do to stop this? This is where the Impossible Trinity needs to be factored in. It’s an economic concept that goes back to the early 1960’s, was articulated by the great Robert A. Mundell, a Nobel Prize winner.
What he said was that there are three aspects of the international monetary system. Each country has got to make decisions with regard to these three things. And you cannot have all three at once.
The Impossible Trinity includes an open capital account, a fixed exchange rate, and an independent monetary policy. You can have any two out of the three, but you cannot have all three. This is because an open capital account means that money can come in and out – just the way the money’s coming out of the Chinese economy.
Separately, an independent monetary policy means you can put your interest rates wherever you want, you don’t have to follow another central bank – like the Federal Reserve. And a fixed exchange rates means that we’re going to take our currency and peg it to another currency – as currency units have done with the U.S dollar. If you see a country trying to have the Impossible Trinity, you can be very certain that something is going to break.
So China’s trying to have the Impossible Trinity. They’re trying to do the impossible all while they’re going broke.
The question is, how are you going to stop it?
Well, you’re going to have to do one of three things.
First, China could raise interest rates. The Chinese are not going to have an independent policy if the Federal Reserve continues tightening, they’ll have to tighten. That would tend to keep money at home.
Second, if the interest rate’s going up, people could choose to keep their money in yuan. This action though could sink the economy. Legally, they could do this. Economically, they could potentially get away with it. But politically, they could not do it because they’ll cause bankruptcies and generate mass unemployment which would undermine the stability of the Chinese Communist Party.
Third, under China’s $3 Trillion countdown clock it could close independent capital accounts. That brings us to what’s going on right now.
The problem is, they can’t do it. They’re trying but they can’t completely close it because it’ll anger the International Monetary Fund (IMF). Under the IMF they require an open capital account. This would cause massive losses in foreign direct investment. It would lead to people placing their money in China and not being able to get it out.
While this option might stop the bleeding in the short run, it would mean no new capital influx. Not having new money coming into the country is just as bad as the old money going out.
There is a final thing they could do. Devalue the currency. This is the most likely option.
This will not play well for the White House where Donald Trump has already called China a currency manipulator. This option would also present global repercussions. Under this option, I would expect stock markets to crash, bond markets to rally or have an interest rate crash where rates go down.
Slash, crash, and rate moves – expect all kinds of dislocations. And we already know this because when China did a mini devaluation August, 2015. At the time, the U.S. stock market fell over ten percent in three weeks.
This is when, what I call a “maxi-devaluation,” takes place. Under a maxi-devaluation the Chinese would experience not a three percent shift but somewhere between a five percent to fifteen percent change – acting to do whatever it takes.
Expect massive instabilities all throughout the system. In China, the United States, equity bubbles, the Impossible Trinity – where the whole system would be set for failure.
I think we should hope for the best but prepare for the worst.
Thank you for reading,
Jim Rickards for The Daily Reckoning
The post China’s $3 Trillion Countdown Clock appeared first on Daily Reckoning.
0 notes
webpostingpro-blog · 7 years
Text
New Post has been published on Webpostingpro
New Post has been published on https://webpostingpro.com/taking-pride-in-bipartisan-efforts-to-improve-education-in-minnesota-2/
Taking pride in bipartisan efforts to improve education in Minnesota
GUWAHATI: Assam ministers and MLAs, except bureaucrats along with IFS, IAS and IPS officials, had been busy for 4 days the final week. They were trying to get entry to the extent of getting to know of government faculty college students till class VIII.
Alarmed through the negative performances, the BJP-led government within the country raped inside the services of the MLAs and bureaucrats as a part of its event “Gunotsav”, which pursuits to advantage qualitative improvement in primary schooling. The primary section, conducted from April four to 7, protected nine, eleven,588 college students of 12,320 faculties in eight districts.
Nation’s education minister, Himanta Biswa Sarma,
Started the event become inspired through a Gujarat government initiative, launched 10 years ago by using the then CM Narendra Modi.
“The program will get right on entry to the first-rate of training, network participation, and infrastructure in colleges. It’ll assist discover areas that need improvement,” Sarma stated.
The country’s Sarva Siksha Abhijan assignment director Aruna Rajoria said reviews highlighting the negative degree of performance of students in authorities colleges brought about them to take up the initiative. “A few college students are doing well in language, A few in math and others in other subjects.
This will be because of gaps in learning. So, we concept that by means of assessing the scholastic stages of youngsters and by way of getting ready a remedial package deal for them, we are able to refill the gaps,” she said.
The Importance Of Taking Calculated Risks In Business
Many humans develop up with the belief that taking dangers is a terrible issue. Whether or not you’re seeking to begin a commercial enterprise or expand it, every challenge brings a danger of failure. It isn’t always excellent to make choices as you cross along, it is higher to develop a strategic plan from the get cross. every opportunity that comes via has to accelerate ahead on your corporation’s long-term imaginative and prescient. An excellent risk is the end result of figuring out needs, distinguishing regions that need growth, creating a strategic plan, and taking it upon yourself to do away with waiting for omissions.Taking.
The takings clause means that
Maximum business owners ought to discover ways to take calculated risks, it is able to no longer come naturally, however similar to the whole lot else, if you want to succeed, you’ll research the trait. Apprehend the cost of danger in an enterprise. Taking dangers is wanted for any business perfect. Without dangers, little or no is cultivated and clients come to be without problems bored with your product, provider or software. dangers open the door to many prospects.
Dangers deliver alternate
For a business, dangers can deliver new markets, new human beings, and new possibilities. dangers force leaders to cast off their fears and take strides to the destiny of fulfillment. Many human beings are alluded to pay attention to the voice in their head this is telling them, it is not the proper time” or “ought to I try once more, it didn’t paintings closing time.” Getting to know to get through self-doubting will take you to new levels of achievement.
Over-analyzing
Leaders tend to emerge as numb in the business international when they spend too much time thinking about the effects and in all likelihood mistakes. Over-reading before going forward with the plan weakens the consequences of the organization.
Set up the dangers
A massive a part of calculated dangers includes pinpointing the possible negatives and growing plans to position out the fires after execution. Via spotting dangers in advance, businesses may have a better final result closer to achievement.
Are expecting mistakes
earlier than executing any plans, be prepared for errors. They are unavoidable factors in hazard taking. Further, you’ll have to be organized to handle the effects, tolerate the possibility of failing, and be ready to create and broaden plans to turn matters around. Keep in mind that a hazard is a manner for the corporation to move in a brand new path. mistakes are a natural aspect of the procedure of Mastering.
Take the jump
Simply do it! Once you weigh all of your options, implement a plan and Simply watch it spread. The end result will be extraordinary than what you had anticipated. The end result will be a failure or a whole achievement. Regardless of the end result, you need to retain taking risks as it builds confidence and brings achievement to a commercial enterprise.
Congress Looks to Avert Eurozone Struggles and Damage to Sterling US Credit Rating
This week, President Obama urged congress to attain a compromise on the so-referred to as debt ceiling the criminal ceiling for federal debt and agree on new finances that might stability America’s books. Policy wonks and politicos have prophesized that any extended, bipartisan stalemate might plunge The use into economic turmoil anew. It appears the congressional “Gang of Six, “composed of the top lawmakers on either side of the isle, has, in the end, agreed to transport forward with talks to reduce almost 3.7 trillion dollars in federal spending over the following 10 years. Though it’s far doubtful from what applications and jurisdictions this cash will come, it’s far clear that attaining a very last model any compromise and subsequent bill, within the bipartisan House and Senate, can be long and anguished.forbes education rankings.bipartisan in a sentence
Credit card payments become a headache for every person
Plenty of us can be relieved that the united states government isn’t always going to shut down as it threatened generally in advance this spring. A few would possibly keep in mind the lots of presidency employees furloughed due to the fact lawmakers could not reach an agreement over the federal budget.
Evidently, even the maximum powerful people in u. S . are suffering to reign in spending and manage their Credit score.
These transient lapses in government underscore the supply, or lack thereof, of latest Credit and new Credit score options. US lawmakers are efficaciously engaged in what many Credit card customers could apprehend as a Credit score card negotiation.
Like any Credit card consumers with revolving debt, many lawmakers have become their first massive flavor of the anxiety and pressure that comes whilst creditors call and also you cannot pay up in this situation, failure to pay up ought to suggest years of political backlash from the irritated electorate. What is worse, a federally sized “Credit score card negotiation” long past wrong could undermine the frail, however, getting the better global financial system.
Unlike the Eurozone
During the last 12 months, the use, notwithstanding opinions and forecasts to the opposite, has weathered tough economic forecasts with brassy conviction. A whole lot of the Eurozone, in nations like Italy, Spain, and Greece, has suffered a paralyzing series of intense economic shocks equal to state-sized financial disaster. Not sometimes have financial earthquakes punished the Eurozone and driven it to the edge. global creditor and banking confidence has been rattled by means of excessive unemployment in pivotal Eurozone international locations and the discount of loads of billions of dollars of European customer debt to “junk” repute.
Of path, nobody can argue that we and the Eurozone have not fallen upon similar hard times. Traditionally, however, there has always been the main distinction inside the outlook of yanked purchasers and Europeans-American self-assurance generally prevails over the problem. That appears to still resonate with a bipartisan Congress this week: Individuals move forward.bipartisan in a sentence
Cultural Education of The Youth: The Vehicle For Sustainable National Development
The knowledge on cultural practices which might be beneficial for society and country constructing has been the lasting treasures of the old sages in diverse communities. They have been lucky to have been enlightened and tutored by means of their fathers and different vintage own family individuals. The manner of cultural schooling become thru casual means and settings. This covered evening gatherings, society meetings, and at some point of communal works and interactions with the elderly individuals of the network. The everyday tutoring that became received by way of the contemporary vintage generation via these informal avenues abreast them with the time-tested cultural practices that make certain correct relationships, correct work ethics and the exhibition of right ethical conduct.
It’s far unhappy that the cutting-
Edge generation of youths isn’t privileged as their elderly generation. Most people of those children are terrible within the expertise of those relevant cultural practices. It’s far as though the casual channels of tutoring had been blocked. If care isn’t always taken to arrest this anomaly, modern societies could quickly experience the wiping out of the aged technology who’re the holders of the understanding of the cultural practices. This would forever bring about the lack of all of the knowledge concerning the cultural practices. Therefore, pragmatic measures must be taken through cultural institutions, instructional establishments, and governments to roll out various means through which the cultural training of the wealthy cultural heritage of the forebears would be relayed to the children in various groups.Forbes education rankings
Cultural practices like proverbs, the narration of folklores,
Tales and myths have been models of cultural practice that provided effective behavioral training for the younger ones in societies. After the narration of the morally charged proverb or tale, the elders who served as the instructors requested the youths diverse questions that helped them to motive and glean the import of the narrative. This groomed their feel of judgment, reasoning, and problem fixing capabilities. Also, the lessons learned from the cultural practices deepened the clear up of the young people in that age to illustrate suitable developments along with honesty,
Diligence, appreciate for the elderly
Use of desirable speech while abhorring terrible tendencies like stealing, use of bad speech crowded with profane expressions, disrespect, and laziness. As a cultural anthropologist, I am of the view that this might have accounted for the high development in economics, environment and other spheres of lifestyles inside the early years of humanity. It would have Also been the secret behind the lengthy earthly lifestyles attained by using the morally upright predecessors.news universities
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