Joseph Stiglitz

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EU PMI Up but Economy Still Fragile





The Germans will be getting out the beer and drinking a double dose of the amber nectar not only because MuttiMerkel as she is known (otherwise known as ‘Mother’ Angela Merkel) was reelected on Sunday 22nd September, but also because new reports issued today show that the Eurozone is doing better than expected.

 
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Stock Market Crashes Since 2006: Trading Bots





Since 2006, there have been a total of 18, 520 crashes, mini-crashes and flash-crashes or flash freezes (we have more names than we know what to do with) since that year. 

 
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Rajan's Indian Funeral Pyre





Raghuram Rajan has been in his job at the head of the Reserve Bank of India for just a few weeks now and already changes are being made as the 23rd President

 
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Poverty Crisis in the EU





There are very few people that actually give even one hoot and even fewer that could give two of them when it comes to poverty of people that are living in society alongside us.

 
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Money, Money and More Money…Dirty Li’l Richsters





There is one good thing about money, apart from the fact that there is a race to grab it and keep in in our claws making it highly in demand, and that’s the fact that wealth attracts wealth. Money is a dirty little magnate that can only attract more money and it’s not a question of opposites attracting here.

 
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Tale of Two Countries: the Two Koreas





There are dates that go down in history and some will be remembered as landmark signals of changing times. Russia has the upper hand in Syria.

 
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Afghanistan: Cannabis and Opium Business





Production of cannabis in Afghanistan has increased again according to estimates that have been published for 2012 and the business is now worth $65 million a year

 
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USA: Stagflation Here We Come!





Just when you think that the worst has come, been and gone, there will be more stuff hitting the fan in the very near future and that should serve as a lesson to the next head of the Federal Reserve that central banks don’t usually necessarily have the people in mind when they take things over and end up doing a pitiful job.

 
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Mega Putin Rich





If Vladimir Putin and Barack Obama can get through their tiff over Bachar al-Assad and stop pulling the covers to their own side of the geopolitical bed, then the Russian leader may just up sticks and move into the US where he will be able to spend his money rather than making out that he is a poverty-stricken in Moscow to the Russian people.

 
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Happy Birthday Lehman Brothers





Anniversaries and celebrations of past historic events are part and parcel of our everyday lives. We celebrate to remember and to grow up, to change and to learn from what happened.

 
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UK Bubble Trouble and Chinese Confidence





Britain has been popping the champagne corks over the economic recovery that has been announced and the bubbly has been flowing. They might want to leave the EU but, they still import more champagne than any other country.

 
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British Bugbear Banking





Everything flows, it all evolves and nothing remains static. The Lavoisier Universal Law whereby nothing is created, nothing is lost, everything is transformed. 

 
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North Korea: Outsourcing Giant





If there’s one country in the world that you might not think would be at the top of the outsourcing list and the place to send orders to be fulfilled from the West, it would probably have to be North Korea. The world’s most closed economy, that Communist dictatorship.

 
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NSA and Israel





I’ll scratch your back and you can scratch mine is the motto of the National Security Agency according to the latest revelations made about the data stored by the immense surveillance program of the NSA, which routinely provides intelligence data with Israel.

 
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