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No slowdown in deposit flight
Central bank statistics indicate no slowdown in deposit flight namawinelake | January 14, 2011 at 3:48 pm | Categories: Irish economy, NAMA | URL: http://wp.me/pNlCf-W7 Yesterday the President of the...
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A Nation of Dropouts Shakes Europe
LISBON—Isabel Fernandes, a cheery 22-year-old with a constellation of stars tattooed around her right eye, isn’t sure how many times she repeated fifth grade. Two, she says with a laugh. Or maybe...
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Rigged Market
Rigged Market: How Latency Arbitrage Picks $3 Billion From Your Pockets By Peter Cohan If you’re like most people, you want to have some money around when you retire so you can enjoy your remaining...
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If Yemen Falls, so Does the Dollar Reserve?
Anthony Wile How is it that the world’s fortunes hang on the life or death of a murderous thug that the US has been supporting for 30 years? And why, in fact, if Yemen’s President Ali Abdullah Saleh is...
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Over Their Dead Bodies
International Money Pile in Cash and Coins (Photo credit: epSos.de) By Bill Bonner The more things don’t change…the more they remain the same. You can quote us on that. On the surface, very little...
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Can The World Survive Washington’s Hubris?
By Paul Craig Roberts June 29, 2012 “Information Clearing House” — When President Reagan nominated me as Assistant Secretary of the Treasury for Economic Policy, he told me that we had to restore the...
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Is Ireland in line for €100bn refund after ECB changes stance on bondholders?
By Namawinelake In the immortal words of Ray Burke commenting on a chance of a receipt for an alleged bung, “is it f*ck” but as fantastical as it may seem, it might be the logical conclusion of taking...
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ECB to recommend senior bondholders take losses in the event of a...
English: The European Central Bank. Notice a sculpture of the euro sign. (Photo credit: Wikipedia) The European Central Bank refused to comment today on reports that it had recommended senior...
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ECB Will Now Print Money Directly … But Why?
The market has rejected the euro and the EU. Now Draghi proposes to reject the market. In a groundbreaking reversal, he has indicated he will print currency to buy eurozone sovereign debt. Mario...
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Euro-zone Debt Crisis, What Happens When The Core Starts To Rot
By: Raul_I_Meijer While we’re all watching Spain and Greece, their alleged saviors in the rich core of the eurozone are starting to show serious signs of corrosion. This makes all the hollow words and...
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