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Daily Archives: July 21, 2014
Corporate profits whistle past secular retreat in household consumption
In 2013, $10.832 trillion of the $15.942 trillion GDP produced in the US went toward household purchases. This means that consumer spending from US households–the wealthiest in the world–while diminished since the credit bubble peak in 2007-08, still accounts for … Continue reading
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9/11 intelligence release long overdue
Land of the free? Rep. Massie speaks at Press Conference Regarding 9/11 Documents. Here is a direct video link.
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Complacency has been encouraged and will be punished
Complacency and aggressive risk taking has been intentionally encouraged by Central Bank policies the past 4 years. But since the Fed is only bluffing that it has control, reality will eventually hit as a dramatic shock and punishment to followers. … Continue reading
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