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'What am I missing?' is a much more important question than 'How cool am I?'
What would a loss of confidence in the dollar actually look like? Gold going absolutely nuts.
What you have in legacy countries is long-term insolvency.
While many of Mr. Obama's ideas warrant skepticism, conservative opposition to any expanded role for government is a mistake.
You have got to welcome and embrace complexity.
A great deal of stupidity has chipped away at the massive advantages of Western civilization, which could terminally decline if it remains on the... →
Check out London, Manhattan, Aspen and East Hampton real estate prices, as well as high-end art prices, to see what the leading edge of... →
Credit ratings and risk weightings must undergo a thorough process of review and revision. No security or instrument on the planet should have a zero... →
Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic... →
Imagine how much capital a country like Argentina might attract - if instead of defaulting seriatim and affecting a pose of anger toward creditors... →
In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the... →
It is a very bad idea for governments to create arbitrary and unfair outcomes, or outcomes resulting from the passions and whims of the government... →
It is impossible to understand the financial health of big financial institutions and their potential impact on the market. They don't even... →
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