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Saxo’s Outrageous positions for 2014

Saxo Bank does an annual predictions report before the new year, anticipating wildcard events that might impact the markets.  See the full report here: TF_OutrageousPredictions_2014 Here’s a few highlights: According to Saxo, there’s a chance that Germany falls into recession, while France’s CAC 40 index could plunge 40pc from this year’s peak. But the predictions […]

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Neofeudal financialization – what’s real and what’s not

Most investors and traders are constantly analyzing data, and painting the economic picture based on it.  But far too often we forget what’s creating the data.  Economics is a measure of the real economy, which is driven by real forces.  Monopolies are one thing to study, but how do monopolies or oligopolies exert their economic […]

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Apocalypse, New Jersey: A Dispatch From America’s Most Desperate Town

Just as income disparity is reaching a historic high, so are the conditions in the ‘real’ America, as expressed by conditions in Camden, New Jersey.  New Jersey is one of the wealthiest states in the USA, and also home of some of the most violent, crime ridden counties.  Here’s Matt Taibbi’s description of a real […]

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The Pathology of the Rich – Chris Hedges on Reality Asserts Itself

Paul Jay, Senior Editor, TRNN: Welcome to The Real News Network. I’m Paul Jay in Baltimore. And welcome to Reality Asserts Itself. A few weeks ago, we did a series of interviews with Chris Hedges, and one of the things we talked about was the weakness of the left, the weakness of the people’s movement, if […]

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