Monthly Archives: February 2013

Anxious Economic Gravity

Watch this lecture at the LSE by Jon Moynihan of PA Consulting to realize that western economic decline will continue and that the central cause is the massive wage disparity between the advanced economies and developing countries. The figures he … Continue reading

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Waiting for the Reset

Since the collapse of Lehman Bros. in September 2008 the global financial system has been on life support. The insolvent banking system was rescued at the cost of a greatly increased sovereign debt burden. To support the financing of this … Continue reading

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