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Emerging Market Crisis Spreads To The Core, Central Banks Face Catch-22

Emerging Market Crisis Spreads To The Core, Central Banks Face Catch-22 One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact that there are several definitions of inflation. In the US the thing most people think of as inflation is the consumer price index, or […]

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Chinese Banks Push Back On Shadow Banking Regulations – Expose “Catch-22” For Financial System

Chinese Banks Push Back On Shadow Banking Regulations – Expose “Catch-22” For Financial System In November, we discussed how the post-Party Congress measures to deleverage and crackdown on the worst abuses in China’s credit bubble took an important step forward with the announcement of a new era of regulation for China’s $15 trillion shadow banking […]

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Catch – 22

Catch – 22 So much of education, I think, relies on reading the right book at the right time. My first attempt atCatch-22 was in high school, and I was way too young to get much out of it. But fortunately I picked it up again in my late 20’s, after a few experiences with The […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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