Daily Archives: May 6, 2014

China’s government debt bombs

During the Great Recession of 2008, China pumped more stimulus and issued more layers of debt to do so, than any other country in the world. This helped to revive some global demand and contributed to the economic rebound into … Continue reading

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Einhorn: Bernanke answers in person “were frightening”

David Einhorn, co-founder & president at Greenlight Capital, discusses his dinner conversation with former Federal Reserve Chairman Ben Bernanke on quantitative easing and Fed policy.Here is a direct video link.

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Gauging the half-life of today’s global stock bubble

This clip offers a good overview on today’s global stock market bubble. The multitrillion dollar question of course, is not if, but when, this bubble will burst once more. Since precise timing is always illusive, each person much bet according … Continue reading

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Weakening global sales undermining growth bulls

As China’s manufacturing contracted for the 4th consecutive month in April, the OECD has lowered its global growth forecasts yet again for 2014, and major investment banks are now slashing their Q1 US GDP growth forecasts into negative numbers. Although … Continue reading

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AG Holder mouthing empty words on “Too big to jail”

The tolerance and forbearance on corporate criminals the past 7 years has been shocking, brazen and completely indefensible. This period will be recorded in history as an epic failure of justice and the Rule of Law. Figure heads like Holder, … Continue reading

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American millionaires willing to pay more to share the wealth

CNBC’s first-ever Millionaire Survey reveals that 51 percent of American millionaires believe inequality is a “major problem” for the U.S., and nearly two-thirds support higher taxes on the wealthy and a higher minimum wage as ways to narrow the wealth … Continue reading

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