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Daily Archives: February 13, 2015
When facts don’t support a ‘feel good’ thesis
CNBC says it is trying to tell the ‘good news’ about lower oil prices for the US economy today. As the host puts it: “The story we are trying to tell this hour Larry, is not some dire story, not … Continue reading
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A reality check on this Friday the 13th
The financial fabric of the world is in tatters. That much is clear. An appearance of liquidity to date, has been simulated through a toxic web of debt, debt derivatives, and misplaced confidence in central bank powers. This weekend a … Continue reading
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