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There is also the multiverse theory.
http://www.bbc.co.uk/news/science-environment-14372387

Another problem with the single universe theory springing into existence is, how come all the parameters (laws of physics) are so well tuned in favor of life evolving as we know it.
There may well be an infinite amount of universes starting and ending all the time with only a subset being suitable for stable star systems let alone life evolving.