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Showing posts with label fatal conceit. Show all posts
Showing posts with label fatal conceit. Show all posts
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Stagflation Part 18: Philippine Banks as Shock Absorber — Record Lending, Record Bonds, Record Hiding Places
But the boom cannot continue indefinitely. There are two alternatives. Either the banks continue the credit expansion without restricti...
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Massive money printing and debt accumulation have gone on for something like 80 years, and the system has held together. Why should it end... -
GDP is the most common out-of-context stat used by governments to convince the citizenry that all is well. It is yet another stat that is... -
This is a test broadcast. Has the Phoenix Risen? Gold Prices Barrels Through $1,400, a Six-Year High; Be Bullish on Gold Mines! ...
