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The “big story” of the U.S. economy is that we have substituted expansion of debt for meaningful increases in productivity.
For the past 30 years, the U.S. economy has become increasingly dependent on explosive debt expansion for its “growth” rath…
Albert Edwards is the Societe Generale strategist who has a penchant for being bearish. He was even featured by The New York Times as a permabear.
You may disagree with him, but we at Business Insider can’t help but at least be entertained by his li…
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Starting to dawn that European unity is hosed?
http://quotes.ino.com/chart/?s=NYMEX_QC.Z11.E
Flightless birds were not well evolutionarily adapted to kicking the can, whereas can kicking is exactly what eurocrats aspire to…….although these 17 oddly cobbled together countries definitely do have their share of problems to deal with…..not t…
As I look at the nazcrack 100, the only significant drags are GOOG -4% (eu anti-trust probe) and AAPL -1.8%. Even though AAPL is down less than 1/2 the %amount of GOOG, it has a 2X effect in the index because it has a 4X higher weight than GOOG..
In…
