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Olduvai III: Catacylsm
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Europe Warns Of “State Of Emergency” As Greek Stalemate Drags On

June 15, 2015

Europe Warns Of “State Of Emergency” As Greek Stalemate Drags On Talks between Greece and creditors collapsed on Sunday after Athens once again refused to compromise on a the pension cuts and VAT hike the troika insists are necessary if the country is to receive the final tranche of aid from its second bailout program. We noted […]

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More Central Banking Lunacy

June 9, 2015

More Central Banking Lunacy US Rate Hike: The Back-Pedaling Brigade Last week’s payrolls report was “stronger than expected”, which should actually be fairly meaningless, given how many times it will be revised and considering that it is a lagging economic indicator. However, in light of the Fed’s absurd employment mandate, it does slightly increase the […]

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IMF has betrayed its mission in Greece, captive to EMU creditors

June 6, 2015

IMF has betrayed its mission in Greece, captive to EMU creditors The IMF’s Original Sin in Greece was to let Dominique Strauss-Kahn hijack the institution to save Europe’s banks and the euro when the crisis erupted, dooming Greece to disaster. The International Monetary Fund is in very serious trouble. Events have reached a point in […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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