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Monthly Archives: May 2017
China liquidity crunch contagious
Advised and led by their US trained finance types, China has followed the same hide-your-debts-playbook that brought down Enron, Worldcom and global financial markets in 2001-03, as well as Bear Stearns, Lehman and global markets again in 2007-09. The difference … Continue reading
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Warren: money has overtaken Washington, regardless of party
A caveat I would add on the health care and insurance costs discussion in this clip, it’s not just that corporations have gained too much control, but also that we individuals have abdicated too much personal responsibility for our own … Continue reading
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Aging populations likely to weigh on lofty asset valuations
It’s official, as of the 2016 census released today, Canada now has more citizens over the age of 65 than under the age of 15. See: Canadian seniors now outnumber children for the first time. Here is the chart, showing … Continue reading
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