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Category Archives: Main Page
Indiscriminate buying all too familiar
August was very negative for risk markets around the world. Then September (and so far October) took off with wild abandon. Wild is the right word. The US dollar began falling again against the basket of world currencies and once … Continue reading
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Invest stimulus dollars in infastructure not bailouts
Suggestions for a speedier road to economic recovery, with Joseph Stiglitz, 2001 Nobel Prize winner and Columbia University professor. As I have mentioned many times, we do not have to waste good money bailing out bad business models (like domestic … Continue reading
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Roubini: "Currency wars can lead to trade wars"
Nouriel Roubini, co-founder of Roubini Global Economics LLC, talks with Bloomberg from the IMF talks this weekend about the impact of currency dispute on global trade relations. Roubini also discusses the outlook for additional quantitative easing by the U.S. Federal … Continue reading
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