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Yeah, This Will Work Out Just Fine

by John Rubino on August 25, 2014 · 7 comments

The Islamic State (ISIS) has set a modern-day “emergent threat” record by going from obscurity to existential global menace in what seems like a matter of weeks. But as with most overnight sensations, there was a longer gestation period outside of the limelight. And like most military threats of the past few decades it was […]

Europe Is Tanking, QE Is Coming

Last year the world kind of forgot about Europe. After ECB head Mario Draghi vowed to “do whatever it takes” to get the Continent growing, the markets calmed down, money got cheap and plentiful and functionally-bankrupt countries like Greece, Italy and Spain stopped making scary headlines. To the casual observer it began to look like […]

30 comments

Variable-Rate World, Part 4: Japan’s Home Buyers Up In ARMS

Everyone knows that Japan deeply is in debt and one way or another is going to suffer for it. But for those who thought the story couldn’t get any worse, well, the creativity of the financial repressors never ceases to amaze. It turns out that, in addition to a government that borrows way too much […]

10 comments

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