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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 France. Show all posts

Monday, April 24, 2017

Rising Geopolitical Risks: North Korea and France; Market Manipulation: Who’s Better China or the Philippines?

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Central Banking Opioid Leads to the Insouciance to Rising Geopolitical Risks I find it rather amusing to see how financial markets seem...

Saturday, July 13, 2013

Fitch downgrades France: how credit rating changes impacts the markets

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France will celebrate Bastille day with a bad news, Fitch Ratings joined S&P and Moody’s in stripping France of its AAA credit rating....

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...

Monday, August 08, 2011

Imploding Welfare States: France Faces Downgrade After U.S. Cut

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One by one the Bismarckian welfare states appear to be collapsing from their own weight. From Bloomberg , The decision by Standard ...

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