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Olduvai III: Catacylsm
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2016 Theme #4: The End-Game of Debt-Fueled “Growth”

2016 Theme #4: The End-Game of Debt-Fueled “Growth” This week I am addressing themes I see playing out in 2016. A number of systemic, structural forces are intersecting in 2016. One is the end-game of debt-fueled “growth.” We can summarize the official “solution” to the Global Financial Meltdown of 2008 in one line: borrow and blow […]

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A Hard Look at a Soft Global Economy

A Hard Look at a Soft Global Economy MILAN – The global economy is settling into a slow-growth rut, steered there by policymakers’ inability or unwillingness to address major impediments at a global level. Indeed, even the current anemic pace of growth is probably unsustainable. The question is whether an honest assessment of the impediments […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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