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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Don’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
Monthly Archives: July 2012
Danielle on the Financial Survival Network
Danielle was a guest today on the Financial Survival Network with Kerry Lutz out of Greenwich, CT, discussing recent developments in the world economy and markets. You can listen to an audio clip of the discussion here.
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Weight of secular bear heavier than all the global monetary policy put together
Trillions in central bank printing and banking “rescues” by taxpayers, and still global stock markets are falling back to 10-year lows. This is what secular bears look like. All the money wasted in trying to pump up over-valued asset prices … Continue reading
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Chris Hedges on “sacrifice zones” in America
“There are forgotten corners of this country where Americans are trapped in endless cycles of poverty, powerlessness, and despair as a direct result of capitalistic greed. Journalist Chris Hedges calls these places “sacrifice zones,” and joins Bill this week on … Continue reading
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