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Category Archives: Main Page
Bank stocks: 1930’s redux
Over the past 30 years, banks went from being a utility in service of entrepreneurs and the greater economy to being drug dealers manufacturing credit and leverage to feed the endless aspirations of governments and consumers. Not to mention the drug … Continue reading
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Gloria Steinem on Charlie Rose
This week HBO ran a new documentary on the life and work of equality activist Gloria Steinem: Gloria: In her own words. Last week she sat down for 24 minutes with Charlie Rose on a broad range of topics. I thought it … Continue reading
Severity of the coming recession greater due to debt overhang
Paul Gambles, Managing Director of financial advisory and asset management firm MBMG Group said the bond market, which is the most reliable indicator, has been pointing to a slowdown since at least April or May. According to Gambles, the deleveraging … Continue reading
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