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Olduvai III: Catacylsm
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Within Or Without The Stock Bubble Matters A Great Deal

Within Or Without The Stock Bubble Matters A Great Deal As doubts surrounding QE have grown, there has been a somewhat detectable if still small trend in central banker repentance. Alan Greenspan to an extent has embraced a more decentralized and market framework in his public comments even though he has yet, to my knowledge, […]

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There’s Something Wrong With The World Today and It’s 1995

There’s Something Wrong With The World Today and It’s 1995 There weren’t any surprises in the “final” GDP update for Q1. Going back to -0.2%, the same interpretations still apply, especially and including the inventory contribution. Economists and policymakers want to talk particularly about how Q1 is prone to “residual seasonality” but that is missing […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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