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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 debt culture. Show all posts

Wednesday, February 19, 2014

The IMF Hearts Debt

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In the implied promotion of debt by the IMF, Sovereign Man’s Simon Black caustically asks, what are these people smoking ? You may reca...

Tuesday, October 01, 2013

How Sustainable is Thailand’s Welfare and Debt Economic Model?

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The bullish mainstream says that the current meltdown in the emerging markets has merely been a shakeout and that economic growth will even...

Monday, March 18, 2013

More Signs of Global Pandemic of Bubbles

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You just got to love today’s entropic financial conditions that has been edified from the “ this time is different” mindset. From Cent...

Friday, February 17, 2012

Shale Gas Won’t Boost the US Dollar

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At the Financial Times, managing director of foreign exchange strategy at UBS Mansoor Mohi-uddin says that Shale Gas will be instrumental in...

Saturday, February 11, 2012

Understanding America’s Debt Culture

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Writes The End of the American Dream When most people think about America's debt problem, they think of the debt of the federal gov...

Saturday, April 23, 2011

The Festering Culture Of Debt

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In Canada, a recent poll manifested that one-third of their residents does not have enough savings. From Yahoo , Nearly one-third of ...

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