Month: April 2009

Uncategorized

The Gaping Hole in the Deflation Argument

There are many people still bandying around the idea that we will suffer a prolonged period of deflation and their primary argument in support of this thesis is the fact that despite the ECB, the Federal Reserve, the Bank of…

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A $700+ Trillion Bubble Waiting to Burst

In the past three years, while banks all over the world and Wall Street were imploding, while some $40-$50 trillion of capital was being destroyed in global stock markets, one financial market kept growing. That market is the financial derivatives…

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