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Category Archives: Uncategorized
David Stockman: EU crisis is the new subprime on a global scale
David Stockman points out that banks and lax monetary policy have been the great enablers of our present lunatic situation.
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Never mind more bailouts, Greece can’t pay it’s debts
“Hopes for a Greek bailout were dashed this weekend, or at least deferred, as EU finance ministers delayed approving a $17 billion package slated for July. The $17 billion tranche was part of the original 110 billion euro ($154 billion) … Continue reading
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