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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 bailout policy. Show all posts
Showing posts with label bailout policy. Show all posts
Sunday, May 17, 2015

The Philippine Potemkin Stock Market: Record Highs Outside, Bear Markets Inside!

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Historically the shift from deposits to banknotes was associated with the fear of commercial bank insolvency or illiquidity. That was calle...
Tuesday, July 17, 2012

Will China Ease Banking Curbs? Has the Railway Stimulus been Launched?

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China’s worsening slowdown has been prompting for a stream of news pouring out this morning. One should note that the Shanghai Index br...
Wednesday, June 20, 2012

Bad News Is Good News: Global Markets Rise on MORE Stimulus Expectations

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Bad New is Good News. Global markets continue to ascend on EXPECTATIONS of MORE bailouts. [yes markets have been enchanted by the Bernanke...
Friday, June 15, 2012

More Wall of Worry: Rising Accounts of Protectionism

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Another area to be concerned with is the reemergence of protectionism. Writes the Wall Street Journal Blog , As worries rise about an...
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