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Olduvai III: Catacylsm
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Stock markets look ever more like Ponzi schemes

Stock markets look ever more like Ponzi schemes The FT has reported this morning that: Debt at UK listed companies has soared to hit a record high of £390bn as companies have scrambled to maintain dividend payouts in response to shareholder demand despite weak profitability. They added: UK plc’s net debt has surpassed pre-crisis levels […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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