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Olduvai III: Catacylsm
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Central Banks Rush to Protect Themselves from Incoming Disaster

Central Banks Rush to Protect Themselves from Incoming Disaster Image courtesy of European Central Bank The times, they are a-changin’, as Bob Dylan tells us. On the global economic stage, the U.S. isn’t the dominant economic superpower that it once was. This conclusion comes from the declining popularity of dollars among global central banks. Around the […]

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China Accounts For Half Of All Global Debt Created Since 2005: Here Are The Implications

China Accounts For Half Of All Global Debt Created Since 2005: Here Are The Implications Over three years ago, in November 2013, when the world’s attention was still largely focused on what the “Big 4” central banks would do with QE and/or interest rates, we wrote an article showing in one simple chart  “How In Five Short […]

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Iceland Unleashes Confiscatory “Exit Tax” On Wealth Deposits | Zero Hedge

Iceland Unleashes Confiscatory “Exit Tax” On Wealth Deposits | Zero Hedge. While on the one hand, Iceland’s decision to inch towards lifting its capital controls is a positive step, it appears what they give with one hand they are taking with another. Just as we predicted three years ago,the muddle-through has failed and there are only hard […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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