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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 government crisis. Show all posts
Showing posts with label government crisis. Show all posts
Thursday, July 26, 2012

The Coming Global Debt Default Binge: Japan’s Pension Fund Sells Japanese Government Bonds (JGB)

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The era of Japan’s low interest rates may be at an inflection point. From San Francisco Chronicle/Bloomberg , Japan’s public pension ...
Saturday, May 19, 2012

Greece Exit: Fall Back to Better Leap Forward

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Historian Eric Margolis argues that Greece must exit the EU to save the euro At the LewRockwell.com, Mr. Margolis writes , What would...
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