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Daily Archives: December 5, 2013
Financial sector not bowed but emboldened by 2008 financial crisis
There is a belief system widely espoused today that the financial crisis of 2008 is behind us and the reckless and unethical policies, leverage and practices that caused the crisis, are no more. Nothing could be further from the truth. … Continue reading
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Canadian financials now the Achilles heel of the TSX
At the Canadian stock market’s last cycle peak in the summer of 2008, it was the bubbling commodity and resource sectors that presented the greatest over-valuations and thus price risk within the topping TSX. After collapsing 30 to 70% to … Continue reading
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Shilling on US manufacturing and labor impacts
Economist Gary Shilling, discusses a pickup in U.S. manufacturing and the impact that may have on workers. Here is a direct video link.
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