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The Consequences of Budget Deficits For International Trade

THE CONSEQUENCES OF BUDGET DEFICITS FOR INTERNATIONAL TRADE In all the economic mayhem ahead, no one is yet thinking of the consequences for trade imbalances. The twin deficit hypothesis informs us that skyrocketing US budget deficits will lead to increasing trade deficits, a situation with serious political consequences. Furthermore, with foreign interests already saturated with […]

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Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?”

Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?” One month ago, Deutsche Bank’s unorthodox credit analyst, Jim Reid published a phenomenal report, one which just a few years ago would have been anathema, as it dealt with two formerly taboo topics: is a financial crisis coming (yes), and […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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