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The Next Bull Market

by John Rubino on November 14, 2008 · 0 comments

It took a few decades longer than it should have, but the world has finally figured out that leveraged speculation is not the path to lasting prosperity. Investment banks and hedge funds are dying, and the concepts upon which they were built–derivatives, gullible pension funds, sycophantic financial media–are being shoveled into the landfill of history. […]

 


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