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European Consumers Are Very Depressed
On June 23, Bloomberg reported: “Ray Dalio’s Bridgewater Associates has built a $10.5 billion bet against European companies,…
Global Economy
16 posts
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Will Covid Zero Be Followed by Higher Inflation?
China's experience with Covid Zero raises the age-old question of whether the cure is worse than the disease.…
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Weak Yen & Yuan. Mighty Dollar.
The Bank of Japan (BOJ) is an outlier. While all the other major central banks are turning more hawkish, the BOJ remains extremely dovish. This is causing the yen to dive.…
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Germany’s Stagflation
Germany is experiencing stagflation:
(1) The German IFO business confidence index plunged during March because of the
jump in energy…
