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This is what a $700 billion bond-market bubble looks like

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Two of world’s most important central bank governors, Japan’s Haruhiko Kuroda and the euro zone’s Mario Draghi, have both said there’s “no limit” to what they’ll do to loosen monetary policy this year. This is because they’ve set themselves inflation targets that they just can’t hit at the moment. Not only that, their economies are...
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ALBERT EDWARDS: China is running out of money

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China is running out of money and will have to float the renminbi as a free currency, according to notoriously pessimistic economist Albert Edwards. Societe Generale’s Edwards is about as bearish as they come. Already this year he has predicted that the US stock market will fall by 75% and argued that we might be...
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