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US economy contracts in June

Mesmerized by the parade of naked emperors populating press conferences in Europe, the business media continues its trademark rear view today proclaiming June the best stock market gains since 1999 (infamous peak anyone?). This morning we learn that the US … Continue reading →

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A little Fink for your saturday night

Fink performs Yesterday Was Hard On Us, the fifth song of his session for the Dutch program 2 Meter Sessies. Recorded on October 9th, 2011. Here is the direct link.

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Stiglitz: bank practices have weakened our economy

Joseph Stiglitz, former World Bank chief economist and author of the ‘Price of Inequality’ told CNBC, “The scandal that has broken out in the UK (Libor) illustrates one of the main themes, that a lot of inequality especially income at … Continue reading →

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