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America has conquered its debt crisis with incredible speed

By Ambrose Evans-Pritchard12:06AM BST 24 Apr 2014 Americans are purging their excesses one by one. Spending by the US Federal government has seen the steepest drop as share of national income since demobilisation after the Second World War. Claims that … Continue reading

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Why Deficits Don’t Matter.

by Bob VeresOctober 29, 2013 The whole idea that we should control the deficit at all is costing our nation trillions of dollars in lost output. The result is lost income, savings, wealth and prosperity. “As a society, we don’t … Continue reading

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Federal Debt and Deficit Reduction are Junk Economics.

Deficit cutting is still, precisely, the wrong economic policy prescription in the current weak economy of high unemployment. Whether raising taxes or cutting spending, the effect is the same. It may reduce the deficit but it also removes stimulus in … Continue reading

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Will There be an Actual Policy Response for a Global Slowdown?

By Kiron Sarkar May 31, 2012 May was indeed a terrible month for equities. Asian, European and US markets declined by 8%, 7% and 6% respectively. The dreadful PMI numbers in China and Europe, combined with the much, much weaker … Continue reading

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Tinkerbell Economics and the Confidence Fairy

by Dan Alpert, Westwood CapitalFebruary 7, 2012 While we may be hours away from a partial (and certainly a stopgap) agreement in the talks among the Greek government, the troika and private sector creditors, it is doubtful that a deal will emerge … Continue reading

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Where is the ECB Printing Press?

by John MauldinNovember 10, 2011 Where Can I Find €3 Trillion? When Leverage Comes Back to Haunt You The German Dilemma So How Do We Solve the Eurozone Problem? Where Is the ECB Printing Press? Europe remains the focus of … Continue reading

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