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Japan's Improving Economy Shows That Inflation Is No Longer An Enemy
Friday, October 31, 2014 - 12:10pm | 1022Anyone that entered the investing business in 1980 knows that it is very odd to see the central bankers of the world now focused on trying to increase inflation. Back in the day, inflation was the enemy. An enemy Paul Volcker was locked in battle with for years as runaway inflation threatened...
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Why The Fed Is Too Bullish And Tapering Fears Are Overdone
Friday, June 21, 2013 - 11:17am | 1079From private sector forecasts to the IMF, the Fed sees a rosier economy than most which could mean that tapering fears are overdone and that stimulative policies are going nowhere anytime soon. Markets have plunged in the face of the Federal Reserve's latest statement, in which the Federal Open...
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A History on Financial Crashes and Bubble Bursts: Part 2
Wednesday, February 29, 2012 - 3:18pm | 2983In part 1 of our 2 part series on financial crashes and bubbles we explored some of the earliest events that occurred prior to the 1900s. In part 2 we will explore more ‘modern’ crashes. Wall Street Crash of 1929 The 1920s was known as the “Roaring...
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Great Depression 2.0: You've Got Nothing
Monday, August 8, 2011 - 12:02pm | 769What was a recession is now starting to look like a full blown depression. Bank of America (NYSE: BAC) is being sued by AIG (NYSE: AIG) for $10 billion. This is both ironic, hilarious and depressing, as AIG nearly caused the financial crisis in 2008, and could lead to starting another with this...
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Tea Party Imbecile Seeks to Destroy Dollar
Friday, June 3, 2011 - 3:01pm | 355What is the obsession that these imbecilic Tea Party folks have with returning the U.S. dollar to a gold standard? Today's contribution to the dumbing down of the Republican Party comes from South Carolina State Representative Mike Pitts. Pitts introduced a bill in April to make gold and silver...