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Jeroen Dijsselbloem insults Half of Europe
From Armstrong Economics, by Martin Armstrong Jeroen Dijsselbloem, Eurogroup President, has launched a storm of indignation as he insults half of Europe, illustrating the clash between the North and...
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Puerto Rico seen sliding toward bankruptcy as deadline nears
From Yahoo News, by Nick Brown NEW YORK (Reuters) – Bankruptcy for Puerto Rico is looking ever more likely as the clock ticks down toward a May 1 deadline to restructure $70 billion in debt, ramping up...
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45% Of Americans Spend Up To Half Their Income Repaying Credit Card Debts
From Zero Hedge, by Tyler Durden On several occasions we’ve pointed out that the baby boomer generation is, to put it mildly, ill-prepared for retirement. In fact, over 50% of baby boomers have...
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Debt is Financial Life – Nonsense!
Source: The Deviant Investor Examine the picture below. The global economy thrives on debt and credit. We purchase essential products using debt/credit. The U.S. dollar bill is a debt of the Federal...
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Emerging Market Debt Expanding Twice the Rate of 2016
From Armstrong Economics, by Martin Armstrong The view that BREXIT is a creating uncertainty in Europe with the swell of populism, the demand for dollar denominated debt has been strong over the past...
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How Long Can The Great Global Reflation Continue?
Source: PeakProsperity.com, by Charles Hugh-Smith And what will happen when it ends? Every now and again, it’s good to take stock of the Great Global Reflation that has been marching higher (with a few...
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5 Highly Respected Financial Experts That Are Warning That A Market Crash Is...
Source: The Economic Collapse Blog, by Michael Snyder If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown? I don’t think...
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Great Debt Unwind: Bankruptcies by Consumers and Businesses Jump
Source: Great Debt Unwind: Bankruptcies by Consumers and Businesses Jump | Wolf Street by Wolf Richter The Debt Slaves are beginning to buckle under their loads. Consumer and business bankruptcies are...
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Why The Markets Are Overdue For A Gigantic Bust
Source: Chris Martenson via PeakProsperity.com It’s just not possible to print our way to prosperity Let me begin with a caveat: confirmation bias is an ever-present risk for an analyst such as myself....
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Millennials Slow To Enter Housing Market Under ‘Albatross’ Of Student Loan...
Hedgeye Millennials are entering the housing market later than in past generations. But it’s not a change in values that’s driving this trend. Millennials are struggling to get out from under the...
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