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US Opts for Deja Vu

The federal government plans to make it easier for lower-income Americans to borrow money to buy homes – which was the foundation of the disastrous sub-prime crisis. … [Read more...]

Debt Crisis Explosion: Still a Long Way Off

Endgame, John Mauldin’s much-praised book on “the end of the debt supercycle and how it changes everything,” is an excellent backgrounder to the changed global environment in which we now have to … [Read more...]