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Daily Archives: January 4, 2012
Cutting debt in 2012
Measuring countries’ debt to GDP and why governments, such as Germany, is allowing massive de-leveraging, with Sean Egan, Egan-Jones Ratings Company founding principal/president & managing director. Here is the direct link.
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Knocking off zeros to see the math
We live in a surreal world today. Leverage has mounted in our financial system so much over the past 30 years, that today we toss around talk of billion, trillion and even quadrillion in order to express the state of the world … Continue reading