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Category Archives: Main Page
The power of human innovation
As world markets reel from the next wave of reality this morning (too much debt can’t be repaid, needs to be written off and down, admit mistakes and start over), this string of photos serves to remind us that we … Continue reading
Left or right, governments cannot turn the economy around
Stocks are rallying this afternoon suddenly on headlines that the Italian PM may be stepping down. Or turning round, or holding his head upside down. Here is a latest from Bloomberg: “BERLUSCONI: PRESIDENT WILL DECIDE HOW TO RESOLVE CRISIS.” Oh you can fix … Continue reading
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Jim Rogers: “…all you have to do, let them go bankrupt, let the people who made the bad loans take their losses and start over
We hear so much horse dung today about what kind of “solutions can be orchestrated to resolve the debt crisis”. It is dead simple: we let the bad loans go bust, we let the investors who made bad bets take losses, and we start … Continue reading
Posted in Main Page
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