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ECONOMIC UPDATE – MARKET OVERVIEW
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ECONOMIC UPDATE – MARKET OVERVIEW

It’s all about the bottom line. And since the Panic of ’08 when the Bankster Gangsters began a scheme called quantitative easing and shrunk interest rates to negative and zero rates...the bottom line was cheap money printed out of thin air and backed by nothing that artificially drove up U.S. and European economies. 

SPOTLIGHT: INFLATION
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SPOTLIGHT: INFLATION

Europe’s banks should set aside greater reserves to cover bad loans, regulators should require investment funds to hold more cash to cover a surge in withdrawals, and the European Central Bank (ECB) should not delay in beginning to sell its €5-trillion bond hoard next year, bank vice-president Luis de Guindos said in a statement accompanying the ECB’s semi-annual review of the region’s financial stability.

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