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Good discussion on debt and solutions
In 2007 it occurred to me that the amount of debt in the world was impossible to repay. The amounts owed were so staggering and intertwined that default risks clearly threatened both the debtors and the lenders. I opined rather … Continue reading
Moneyshow presentation now on line
The 40 minute presentation I gave at the Toronto Moneyshow on October 21 is now available on line. You can log in to watch and download the slides here by using the username danielle@venablepark.com and the password: moneyshow.
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ECRI LEI: "Double dip risk gone."
This morning Lakshman Achuthan, Economic Cycle Research Institute, says at the end of October his leading indicator index is showing definitive evidence of a slow recovery but “no double dip recession any time soon.” Hopefully he is right. He notes … Continue reading
