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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

Ray Dalio: First comes the boom, then comes the bust

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Bitcoin’s problem: The state chooses what is acceptable money

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More Thoughts about Japan and US Treasuries

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Jobless claims data show no disruption yet; Apple touts investment in jobs

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The tax cut benefits for corporations are now more clear

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The Yuan’s Reserve Currency Status

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A global recovery amidst longer-term uncertainty

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Project Syndicate on Trump’s promises to America’s working class citizens

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Bailout bank Monte dei Paschi sub deal three times over-subcribed as Euro hits 3-year high

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Some thoughts on the Walmart minimum pay increase

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