Tag Archives | Europe

Tomorrow, on Monday, May 7th, the US stock market will take a big hit.

By on May 6, 2012 in Economics, Human Behavior

The reason will be that the French and the Greeks appear to have unseated a couple of the governments which imposed or promoted austerity, which most of the major US market mavens have been saying, for weeks, is completely the wrong way to go. I guess the message is that they are so convinced of [...]

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The world in denial.

By on January 3, 2012 in Economics, General Discussion, Human Behavior

  A great little piece from the NYTimes, a few excerpts and a link. COULD there be a single phrase that explains the woes of our time, this dismal age of political miscalculations and deceptions, of reckless and disastrous wars, of financial boom and bust and downright criminality? Maybe there is, and we owe it [...]

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Europe’s Real Problem: Deflation!

By on December 7, 2011 in Economics, General Discussion

Herewith, a portion of an interesting article analzying the Euro-mess from a slightly different angle than is being reported in the ‘popular press’. I hope I have removed enough of the article to meet our copyright standards… http://www.cnbc.com/id/45476620    

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