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Der Elefant im Raum
Found on Free exchange on Sun 19th May 13
TYLER COWEN writes on the euro-zone economy:Would the new helicopter drop money be kept in periphery banks and lent out to stimulate business investment? Or does the new money flee say Portugal because Portuguese banks are not safe enough, Portuguese loans
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10 Sunday Reads
Found on Abnormal Returns on Sun 19th May 13
Good Sunday morning. Here are some reads that surfaced since the market closed Friday you may find worthwhile: in which Downtown Josh Brown destroys the 1999 comparison (TRB) but see Felix Zulauf Developing Euphoria (Itau) GE gets back to basics (Fortune) Libor
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Bernanke: "Economic Prospects for the Long Run"
Found on naked capitalism on Sun 19th May 13
This is a from commencement speech today by Fed Chairman Ben Bernanke: Economic Prospects for the Long Run Now here's a question--in fact, a key question, I imagine, from your perspective. What does the future hold for the working lives of today's
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The IRS and the Tea Party: Treasury Report Finds Big Bungling but Small Scandal
Found on Beat the Press on Sat 18th May 13
The IRSs botched processing of requests for tax-exempt status by political groups isnt the new Watergate. It is, in fact, as scandals go, it is barely the Days Inn–based on what we’ve learned froma much-anticipated report by the Treasury Departments
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82 not out
Found on Free exchange on Sat 18th May 13
BESPECTACLED and rather owlish, Sir Mervyn King is not your stereotypical sports fan. But, as devotees of his quarterly press conferences know, the governor of the Bank of England is keen on cricket. Today he played his last innings an uninterrupted knock of
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Why Dumb is good for Marketers
Found on Buyer Behaviour on Sat 18th May 13
According to a survey by market research company YouGov 70 percent British women would follow the preventative double mastectomy path Angelina Jolie's taken, if tests showed they had a high chance of developing breast cancer.Imagine that.70 percent British women
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Lois Lerner, at the center of the IRS storm, rewarded handsomely by Obama administration
Found on Beat the Press on Sat 18th May 13
Lois Lerner apparently sent at least one of the letters to conservative groups out under her own signature.The director of the Internal Revenue Service division under fire for singling out conservative groups sent a 2012 letter under her name to one
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The Interest Rate Time Bomb
Found on PrefBlog on Sat 18th May 13
The recent policy debate over whether its time for interest rates to start to rise after being at the lowest levels since the Great Depression for nearly five years shows just how much of a policy box governments are in when it comes to fiscal and monetary
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What the euro has meant
Found on The Bonddad Blog on Fri 17th May 13
ACCORDING to Eurostat's first estimate, output in the euro area shrank 0.2% from the fourth quarter of 2012 to the first of 2013 and fell 1% year-on-year. The euro zone has been in recession since the third quarter of 2011. Today's Daily chart is an updated
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How the Shock in New Oil Production Could Be the Worlds Greatest Scam
Found on Penny Stocks, Stock Market Advice, Economic Analysis, Investing In Real Estate and Gold on Fri 17th May 13
Shockwave, revolution, bonanza, and paradigm shift.These are just some of the provocative words in the Medium Term Oil Market Report-2013 that was just released by the International Energy Agency (IEA).I dont think Ive ever read a more enthusiastic and fervent
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