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Monthly Archives: January 2014
Loonie bids farewell to secular support
The Canadian dollar soared with the commodities bubble from 2002 to 2007, imploded with the credit bubble and global recession in 2008, rebounded with QE hopium into 2011 and has been falling steadily with global growth ever since. As captured … Continue reading
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ECRI: “US in midst of another recession”
Economic Cycle Research Institute co-founder Lakshman Achuthan on the state of the economy. Here is a direct video link. Watch the latest video at video.foxbusiness.com Had to chuckle at his closing lament about not having adult conversations on the economy…5 … Continue reading
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More confessions of a Quantitative Easer
I was heartened to read former Fed Reserve official and QE bond buyer Andrew Huszar’s candid op-ed in the Wall Street journal admitting that the Central Bank knew QE was not working as a stimulant for the economy back in … Continue reading
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