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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 Lehman Syndrome. Show all posts
Showing posts with label Lehman Syndrome. Show all posts
Sunday, June 19, 2011

Greece Crisis: The Lehman Moment Hobgoblin

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But while, as in the lynch mob, the majority can become actively tyrannical and aggressive, the normal and continuing condition of the State...
Tuesday, June 15, 2010

Putting The TED Spread Into Perspective

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Here is how to spook people... TED spread are rising fast, so run for the hills! Chart of the 6 month TED Spread courtesy of Bloomberg The ...
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