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Olduvai III: Catacylsm
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Weekly Commentary: Global Bubbles are Deflating

Weekly Commentary: Global Bubbles are Deflating “Bubble” is commonly understood to describe a divergence between overvalued market prices and underlying asset values. And while price anomalies are a typical consequence, they are generally not among the critical aspects of Bubbles. I’ll start with my basic definition: A Bubble is a self-reinforcing but inevitably unsustainable inflation. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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