Ambrose Evans-Pritchard is almost shrill in his assessment of the choices now being faced by Fed Chief Ben Bernanke – a few vocal Fed hawks and a deficit-wary Congress on one side and, on the other, a slowing economy where the de-flation peril grows everyday. Federal Reserve chairman Ben Bernanke is waging an epochal… Continue Reading Fed Balance Sheet to Rise to $5 Trillion?
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Matt Simmons talks to Bloomberg’s Lori Rothman about how crude oil is leaking into the gulf at a rate even faster than the latest upwardly revised government estimate and he reiterates his view that detonating a small nuclear device in order to turn the seabed rock into glass is the… Continue Reading More Dire Warnings from Matt Simmons
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For those of you who don’t know it (and I don’t know why you would), your humble scribe with the Italian last name is also half German, some great, great, … great grandparents having come to Pennsylvania Dutch country from Baden Baden sometime in the early 1800s, or so I’m… Continue Reading Germany Applies the “Debt Brake”
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