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Tag Archives: economics

And the Band Plays On

Obama Climate Change Sppech June 2013 Scaled 300

So. It seems that our semi-illustrious president has once again succumbed to the temptation to appear before America’s voters in order to spread his own unmistakeable concoction of snake oil liberally sprinkled (as always) with half-truths, ignorance and outright lies. In yet another attempt to hornswoggle the nation’s voters into buying into one more of his half-baked, ill thought out ... Read More »

Who Really Gains From Austerity?

German Chancellor, Angela Merkel

In, “Europe Should Stop Listening To Germany“, I very briefly mentioned the advantage Germany and other nations of the austerity chorus have over their southern counterparts thanks to skewed bond analysis employed by global markets. Part of the problem stems from the ability of each nation’s central bank to issue new debt, thus allowing markets to assess each issue state-by-state ... Read More »