Debt Rattle April 8 2015

 

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    Mathew Brady Three captured Confederate soldiers, Gettysburg, PA 1863 • US Dot-Com Bubble Was Nothing Compared to Today’s China Prices (Bloomberg) • T
    [See the full post at: Debt Rattle April 8 2015]

    #20404
    Nassim
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    The John Hussman article is excellent. Thank you.

    Here is an article – translated from Russian – suggesting the the world will split up into 5-6 economic blocks once globalization comes to an end.

    https://fortruss.blogspot.ru/2015/04/khazin-global-recession-will-exceed.html

    As you all know, Australia’s mineral exports are in free fall. No one has told the property speculators though. The few remaining big factories are closing. I really don’t know how it will unwind. It would seem to me that countries like Australia and Russia would do well to get out of the WTO – let alone the so-called “Trans-Pacific Partnership”. The TPP seems to be a way for US companies to raise their prices for pharmaceuticals and intellectual property and to walk over indigenous competition.

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