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GDenral
Member since January 2014
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Too Big to Pop

- Peter Schiff - Euro Pacific Capital

I find it morbidly funny the flash crash today was considered a "fat finger" event. Though I agree but I wonder if the Japanese can keep the shell game going two decades why can't the US?... not that I like the idea.
China and Japan are no longer directly buying our debt so the Fed steps in to cover, what's the difference who the debt is owned by?

Commented 3905 days ago

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Beginning of the headline :Most economic observers are predicting that 2014 will be the year in which the United States finally shrugs off the persistent malaise of the Great Recession. As we embark on this sunny new chapter, we may ask what wisdom the five-year trauma has delivered. Some big thinkers have declared that the episode has forever tarnished freewheeling American capitalism and the myth of Wall Street invincibility. In contrast, I believe that the episode has, for the moment, established supreme confidence in... Read More

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