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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label CAC 40. Show all posts

Thursday, November 14, 2013

Europe’s Economic Recovery Gasps for Air

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Rising stock markets and PMI surveys has mainly been used as basis by the consensus to posit for a so-called European economy recovery whic...

Monday, May 20, 2013

Phisix in the Shadow of Greed and Fear

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Strange times are these in which we live when old and young are taught in falsehood's school. And the one man who dares to tell the tru...

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Wednesday, May 15, 2013

Parallel Universe: Booming German and French Stocks as Economies Stagnate

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In a the world where central bankers have become demigods , the disconnection between the financial markets and the real economy have incre...

Thursday, February 14, 2013

French GDP Shrinks Amidst Surging Stock Market

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More signs of today’s financial market-real economy disconnect or the parallel universe. I earlier posted about the "surp rise...

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