The Fed Talking About Reducing Leverage Is Like A Crack Cocaine Dealer...
→ Washington's Blog.The New York Federal published a report in July entitled "The Shadow Banking System: Implications for Financial Regulation". One of the main conclusions of the report is that...
View ArticleExcessive Leverage Helped Cause the Great Depression and the Current Crisis...
It is well known that excessive leverage was one of the primary causes of the Great Depression. Specifically, many people bought stocks on margin, and when stock prices dropped, they were wiped out and...
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How America And China Could Stumble To War
Authored by Graham Allison via The Strategic Culture Foundation,Can Beijing and Washington escape the Thucydides Trap?Would a Chinese leader barely in control of his own country after a long civil war...
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