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Mick Jagger, Gordon Brown, and Paul Krugman Lead the Charge for British Rule of Scotland

By William K. Black

The “no” campaign against independence has reached the stage of endgame panic that leads to desperately throwing charges and publicity stunts at what the polls indicate are increasing support for independence among Scots.  Over the last seve...

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In This Issue.

*  The dollar makes an all-out assault on currencies & metals
*  Germany posts record Trade Surplus!
*  Carney signals next spring for first rate hike.
*  Preschool Training for Central Bankers!

And Now. Today's A Pfennig For Your Thoughts.

CME To Ban Manipulative Trading Practices.

Good Day! .  And...

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These are questions that arise as a consequence of the digitization of the global/local supply chain in the peer-to-peer model.


Longtime correspondent Bill M. reckoned I missed the longer-term story in my piece on the Alibaba IPO: namely, that the Alibaba Model of makers selling directly to buyers could undo the Wal-Mart Model of super-stores...
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Real Fiscal Responsibility: What Chris Hayes Said

I’m interrupting my series on US Government Real Fiscal Responsibility since the Carter Administration to write about something Chris Hayes said relating to Real Fiscal Responsibility. Back in February of 2014, he tweeted:

“If you can run a deficit to go to war, you can run a deficit to

...
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Once considered a presidential contender and future leader of the Republican Party, former Virginia Governor Robert McDonnell was found guilty Thursday on 11 counts of public corruption. Both McDonnell and his wife Maureen were convicted of selling access to the office of the governor in exchange for gifts and money. Maureen McDonnell was only...

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Real Fiscal Responsibility 5; Carter: Environmental Degradation

By Joe Firestone

This, the fifth post in a series evaluating the fiscal responsibility/irresponsibility of the Governments of the United States (mostly the Congress, the Executive Branch, and the Federal Reserve) by Administration periods, beginning in 1977 to 1981 with the Jimmy Carter...

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As the TUC chief warns that too many graduates are working in coffee shops, a Generation Y-er says serving espresso with a smile could be the best possible career path...
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Dear Reader,

I’ve been raging against the “social contract” and its offspring, the “debt to society,” since I first felt their unjust weight pressing upon me. I would have withdrawn from both of them back in the 1960s, had they been explained well enough to me. I was definitely opposed to the concept of a social...

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Markets crash not from "bad news" but from the exhaustion of temporary stability.

Yesterday I made the case for a  Financial Singularity  that will never allow stocks to crash.  We can summarize this view as: the market and the economy are not systems, they are carefully controlled  monocultures . There are no inputs that can't...
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Central bank launches radical plan to drive down the euro, but won't make any difference, warn analysts...

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