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Olduvai III: Catacylsm
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Two Outs in the Bottom of the Ninth

Two Outs in the Bottom of the Ninth The housing market peaked in 2005 and proceeded to crash over the next five years, with existing home sales falling 50%, new home sales falling 75%, and national home prices falling 30%. A funny thing happened after the peak. Wall Street banks accelerated the issuance of subprime […]

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The Unnerving Thing Global Automakers Just Said About China’s Economy

The Unnerving Thing Global Automakers Just Said About China’s Economy Global automakers, still intoxicated with their own optimism after years of white-hot growth that transformed China’s auto market from a backwater to the largest market in the world, have an increasingly chilling message. The auto industry is a huge force in driving economic growth in […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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