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Global bank group: too much liquidity now threatening financial system

The 2008 financial crisis was an implosion of fraud, bad debts and over-valued assets. The response from central banks was to deny and pretend that more liquidity was all the global economy needed to get back on a robust growth … Continue reading →

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Faber: “It will end badly this year”

“Doom, Boom and Gloom Report” editor Marc Faber tells “Closing Bell” he thinks the stock market will suffer a major drop sometime this year. Host Maria is of course just as skeptical of downside risks as she was at the … Continue reading →

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Roubini updates on Europe

Nouriel Roubini, co-founder of Roubini Global Economics LLC, talks about the European sovereign-debt crisis, the outlook for central bank monetary policy and risks of an asset “bubble.” He speaks from the sidelines of the Ambrosetti workshop in Cernobbio, Italy. Since … Continue reading →

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