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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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Why Morgan Stanley Thinks The S&P Is About To Crash

Why Morgan Stanley Thinks The S&P Is About To Crash Echoing Guggenheim’s fears that US equities are in for a dramatic collapse, Morgan Stanley’s Mike Wilson warns that “…if equity markets fail one more time at our key resistance point, we believe the reversal is likely to be sharper and deeper than one might expect, even if […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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