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Daily Archives: July 3, 2015
Chinese stocks lose 1/4 of value in 13 days
Policy-pumped stock bubbles typically implode at shocking speed to the decimation of participants. China’s round trip nightmare is not over yet and offers lessons for deluded confidence in other debt pumped developed markets. See: Troubling lessons in China’s crumbling stock … Continue reading
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Gifts of the credit bubble: broke folks far and wide
CBC reports on how a growing number of seniors are declaring bankruptcy. Here is a direct video link.
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