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Daily Archives: November 12, 2014
Stockman on the long term harm of financialization
Good discussion of economic facts with David Stockman this morning… David Stockman, head of President Ronald Reagan’s Office of Management and Budget, and Paul Roberts, author of “The Impulse Society,” examine the state of U.S. fiscal policy, spending and budgets. … Continue reading
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US likely to follow global economy into recession
Morgan Stanley and Goldman Sachs see only global strength ahead…what? the risk sellers see no signs of a downturn? Surprise, surprise… Bloomberg’s Simon Kennedy reports on the global economy and the risk of a recession. Here is a direct video … Continue reading
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US dollar strength continuing to deflate other assets
As commodities rallied 2002 to 2008, most people were oblivious to the huge role that a falling US dollar was having in inflating the price of other assets. We referenced the following teeter totter chart many times in our presentations. … Continue reading
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