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The Biggest Bubble in History?
We are baffled by the analysis of the analyst community, some, of which, are not so analytical. They say that Europe’s fundamental problem is that it has a central bank which is unwilling to...
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Say It Ain’t So, Mario!
Very unfortunate timing of today’s ECB meeting as Mario Draghi poured cold water on providing a backstop for the distressed Eurozone countries. It’s kind of like holding a press conference before...
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Why the Yen is swan diving
The WSJ does a good explaining what is driving the Yen and seems to agree with us that there is a huge difference between quantitative easing to stimulate the economy versus monetizing bad government...
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