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UK Energy Crisis Shows Danger of Net Zero Emissions Policies: Aussie Senator

September 30, 2021

The United Kingdom from space. (Anton Balazh/Adobe Stock) UK Energy Crisis Shows Danger of Net Zero Emissions Policies: Aussie Senator The push for Australia to legislate a net zero emissions target has spurred discord from some government officials who firmly believe the climate policy could harm Australia’s energy security and industry amid the UK’s own unravelling energy crisis. Australia has […]

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Dutch Central Bank Warns Of Market Calm Before The Storm:

October 9, 2017

Dutch Central Bank Warns Of Market Calm Before The Storm: With one foot out of the door of Germany’s finance ministry, the former head of the German economy, Wolfgang Schäuble, 75, delivered a fire and brimstone warning over the weekend, telling the FT in an interview that there was a danger of “new bubbles” forming […]

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Italy To Nationalize Monte Paschi After Private Sector Rescue Fails

December 21, 2016

Italy To Nationalize Monte Paschi After Private Sector Rescue Fails Update: the FT writes that the Italian govt set to take a stake between 50% and 70% in Monte dei Paschi, up from the current 4% stake, as part of the government’s third bailout in as many years. As the FT adds, “the government rescue, which had long […]

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Italy Just Bailed Out Another Failed Bank, May Use Pension Funds For Future Bank Rescues

July 1, 2016

Italy Just Bailed Out Another Failed Bank, May Use Pension Funds For Future Bank Rescues Despite – or perhaps due to – Italy’s failed attempt to slide a state-funded €40 billion recapitalization attempt past Angela Merkel while blaming it on Brexit, and coupled with a bailout proposal to provide €150 billion in liquidity to insolvent […]

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“Markets Have No Purpose Any More” Mark Spitznagel Warns “Biggest Collapse In History” Is Inevitable

May 16, 2016

“Markets Have No Purpose Any More” Mark Spitznagel Warns “Biggest Collapse In History” Is Inevitable After making over $1 billion in one day last August, and warning that “the markets are overvalued to the tune of 50%,” Mark Spitznagel knows a thing or two about managing tail risk. The outspoken practitioner of Austrian economic philosophy tells The […]

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“It May Come To A Military Coup”: Ukraine’s “Nazis” Threaten To Overthrow Government

August 3, 2015

“It May Come To A Military Coup”: Ukraine’s “Nazis” Threaten To Overthrow Government “It may come to a military coup.” That rather ominous assessment of the political situation in Ukraine comes courtesy of a Right Sector fighter who spoke to FT last week. Like Saint Mary (the militia which recently pledged to create a “Christian Taliban” and […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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