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QE Doesn't Create Jobs... So Why Is the Fed Targeting Employment With It?





First and foremost, QE does not create jobs. The UK has announced QE efforts equal to an amount greater than 20% of its GDP and has not seen any meaningful job growth. Similarly, Japan has announced nine rounds of QE for a combined effort equal to 20% of its GDP over the last 20 years and job growth remains dismal there.

 
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What Happens When the Great Attempt to Hold Things Together Fails?





 

 As I mentioned before, without a doubt 2013 will be a disastrous year for the global economy and for the financial markets. Things could get ugly before then due to any number of issues that are boiling just beneath the surface… but barring any sudden developments, most of the key players will try to hold things together into year end.

 

 
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And That's Checkmate Bernanke





Regardless of the reasons, Ben’s got a major problem on his hands. That problem is the fact that Treasuries are on the verge of breaking their upward sloping trendline. If Treasuries begin to collapse at a time when the Fed is buying up over 70% of debt issuance, then the Great Treasury Bubble is finally about the burst:

 
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The US's "EU Style" Negotiations Will Take Us Right Over the Cliff





 

US leaders see that this strategy has worked for EU leaders (those who went along with it are still in office, those who didn’t have been kicked out). And so they are now adopting a similar strategy with discussions on the fiscal cliff.

 

 
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Two Economic Developments Every Investor Needs to Be Aware Of





 

We now have something of a capital freeze occurring in the US at the very same time that the primary pillar of EU stability (Germany) will very likely begin to pull back from providing additional aid (case in point, Greece is still waiting on receiving proposed aid from six months ago).

 

 
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One Thing That Trumps Hope For More QE





 

The markets are holding up on hopes of additional stimulus from the Central Banks. Some bulls are even calling for QE 4 at the upcoming Fed meeting, despite the fact that QE 3 was launched a mere three months ago and was open-ended (meaning it would not end until the Fed deemed it time).

 

 

 
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Three Charts Every Stock Investor Should See





 

The market continues to track the same pattern it performed going into the failed debt ceiling talks of July 2011. As you’ll recall, then as is the case now, US politicians failed to reach a credible solution to the US’s debt problems. What followed was a credit rating downgrade and a market collapse.

 

 
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The Only Thing You Need to Know About the Fiscal Cliff





 

I’m going to lay out everything you need to know about the fiscal cliff negotiations. After reading this, you can ignore all of the media’s coverage of this topic as well as various politicians’ announcements pertaining to this subject.

 
 
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The Investment Classes That Will Most Benefit From Obama’s Second Term





During the its first term, the Obama Administration thus far has proven itself in favor of increased Government control and Central Planning. That is, the general trend throughout the last four years has been towards greater nationalization of industries (first finance, then automakers and now healthcare and insurance), as well as greater reliance on our Central Bank to maintain our finances.

 
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We Have Reached a Major Turning Point in Central Bank Intervention





Two critical developments give us clues that the days of Central Bank intervention holding the system together are coming to an end.

 
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Spain Now Faces a Systemic, Societal, and Sovereign Collapse





Things are so bad that the ECB has put the entire Spanish banking system on life support to the tune of over €400 billion Euros. To put this number into perspective, the entire equity base for every bank in Spain is only a little over €100 billion.

 
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The EU Just Lost Another Prop





Guess which country German officials claim will be a bigger problem than Spain or Greece? Answer: France.

 
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Behind the Scenes, Germany is Already Preparing For a Grexit





 

Germany now has a formal working group assessing the cost of a Grexit.  Even large US-based multinationals are implementing contingency plans for a Grexit. The list includes JP Morgan, Bank of America Merrill Lynch, Visa, PricewaterhoursCoopers, Boston Consulting Group, Juniper Networks, and others.

 
 
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Germany Cannot and Will Not Write the Check For Europe





All analysis of the EU boils down to one idea: will Germany foot the bill? The truth? Germany cannot and will not. Never in history has a country accomplished what the EU bulls claim Germany will do.

 
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