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Greenspan

Alan Greenspan predicts the euro’s demise

Italy’s Target2 liabilities hit a new record in August. Then again in September, and November. And again in December. Each time, it made the news. And each time most people who read the headline had no clue what it meant….

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An important warning about this bull market

They went up, of course. Just like they always do. Some people have expressed wonder… and doubt… that the equity value of America’s businesses can increase so much even while national leadership is in so much disarray. Republicans can’t work…

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Why the 21st Century Sucks

BALTIMORE – What an awful century! Worst we’ve ever seen. Household incomes are down. Employment is down, with 7 million people in the U.S. of working age without jobs. Productivity growth is down. GDP growth is down – to only…

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A Government for Old People

MIAMI – “The CQ certainly went down when you came into the hotel,” said one of our two sons here with us. “What’s the CQ?” “The cool quotient.” The Edition hotel in Miami’s South Beach has so much cool, your…

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