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Author Archives: cheesehedge
It is fashionable at the moment to believe that Europe, and all financial assets associated with that famous old continent, are “hopelessly buggered” (to borrow a technical English engineering term). Greece is a catastrophe, the other PIGS not far behind, … Continue reading
Gavyn Davies provides a useful summary today of what will become an increasingly critical issue in macroeconomics over the next few years: the decline in the U.S. labor force participation rate. Cheesehedge is generally unimpressed with much of the analysis of … Continue reading