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Monthly Archives: November 2018
UN: ‘Governments must stop subsidizing fossil fuels’
Another day another urgent warning on climate catastrophe, this time from the UN, see World must triple efforts or face catastrophic climate change: “New taxes on fossil fuels, investment in clean technology and much stronger government policies to bring down … Continue reading
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Stocks surge on news economy too weak to raise rates as hoped
We have been noting all year, that central banks were unlikely to hike their policy rates as hoped because economic weakness in the highly indebted global economy would cause them to pause, and then return to another round of accommodative … Continue reading
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Housing bubble popping again?
Home prices are precarious to a deflating debt cycle in the US, Canada, Austrailia, New Zealand, the UK, Hong Kong, Sweden, and…well pretty much everywhere that humans have used excessive debt to drive up realty prices far beyond income growth … Continue reading
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