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Tag Archives: euro
The Beginning of the End for the European Union
The European Central Bank initiated a new mass money debasement scheme yesterday. If you recall, this involves buying €60 billion ($66 billion) a month of European government bonds. Somehow this is supposed to improve the economy. No doubt, the European … Continue reading
Posted in MN Gordon, Politics
Tagged euro, european central bank, monetizing debt, negative yields, quantitative easing
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Socialism is Like a Nude Beach – Sounds Like a Great Idea Until You Get There
Socialism is Like a Nude Beach – Sound Like a Great Idea Until You Get There By Jared Dillian, Editor, Bull’s Eye Investor I’ve been following the activities of Syriza for a long time. They started putting up big numbers … Continue reading
Posted in Government Debt, Jared Dillian
Tagged alex tsipras, debt, default, euro, germany, greece, syriza
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Dark Clouds on the Horizon
Wow! Just when we thought we’d seen it all, something fantastic happened. What a delightful treat… The tiny island nation of Cyprus has the whole European continent welcoming spring with the frosted hearts of a December blizzard. For a brief … Continue reading
Posted in Government Debt, MN Gordon
Tagged ben bernanke, collapse, currency, cyprus, debt, default, euro, european central bank, federal reserve
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On Maximum Collective Welfare
“Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.” – Marcus Aurelius Gradually Reducing the Minds of Men The Roman Republic was corrupted long before Marcus Aurelius came to … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, euro, european central bank, italy, john maynard keynes, milton freidman, roman empire
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