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I FORESEE TO WIN
NOTHING IS PERMANENT EXCEPT CHANGE

Economists who assure us that advanced-economy debt is completely “safe” sound eerily like those who touted the “Great Moderation” – the supposedly permanent reduction in cyclical volatility – a generation ago. In many cases, they are the same people.

OTHER NEWS

https://www.cnbc.com/2018/11/26/trade-war-will-still-be-a-problem-for-markets-after-g20-summit.html President Donald Trump seemed ready to escalate the trade war with China in an interview with the Wall Street Journal on Monday. Trump said it is “highly unlikely” that an upcoming meeting with Chinese President Xi Jinping at the G20 summit will yield a deal to prevent a forthcoming increase in tariffs. Trump also […]

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