In this video, Nigel Farage, once again says it like it is…while in the kings lair the mood is apathetic and pathetic. Barroso is an agent for the banks and special interests, his plans are an extenuation of US Fed policies and will likely end up faring even worse that the US fed due to the fact that the EURO zone can not really issue and print new sovereign currency by decree. What a mess we weave and how unimportant it is the people who have warned about it for the last few years…its so unimportant that its not even necessary for Barroso to listen to the one guy who stood up and dared to tell the truth and has been right BTW.
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Q2 GDP Tracking: Wide Range
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There will be some trade related distortions in Q2.
From BofA:
Overall, *2Q GDP tracking is down from 2.7% q/q saar to 2.6%.* [June 17th
estimate]
emphas...
Why We Should Hate Hate Speech Laws
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In this week‘s Friday Philosophy, Dr. David Gordon reviews The Harm in Hate
Speech by Jeremy Waldron and finds Waldron‘s arguments in favor of hate
speech ...
10 Friday AM Reads
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My end-of-week morning train beach reads: • Howard Marks on Tariffs:
Repealing the Laws of Economics: Tariffs are, primarily, an effort to cause
goods to...
S&P500 Alternate Count and Deflationary Forecast
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The preponderance of the evidence certainly points to a final peak in
equity prices. What follows should be the most severe deflationary stock
market cr...