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JAPANESE EARTHQUAKE IS TRAGIC; DEBT TSUNAMI COMING IS WORSE

The earthquake and tsunami that struck Japan on Friday has caused tragic devastation to lives and property, but Japan may soon be over-whelmed by a debt crisis tsunami of epic proportions. With crony...

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Is America on the Verge of Another Credit Crisis?

Late yesterday afternoon the highly respected credit rating firm, Moody’s Investor Services, officially warned that if there is no imminent progress in Congress on the debt ceiling fight, the United...

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Elites Are Abandoning Keynesianism for Self-Preservation

Pacific Investment Management Company (PIMCO), the world’s largest manager of bonds, hasjust released research analysis titled: “Saying No to Keynes and Fiscal Folly”.  The report is a dramatic...

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