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2016-2018 Is Looking a Lot Like 2007-2008 to Me
It's said that we are what we repeatedly do. And here we go again, as 2016-2018 is looking a lot like 2007-2009 to me. History has a delicious correlation to the past: It rarely repeats itself, but it often rhymes. What are the characteristics that "seem to rhyme" for the economy this time around? Let's run them down: * The proliferation of debt. * The broad ignorance of views. * The naysayers who get dismissed. Let's look this morning a each of these three factors in greater detail. The Proliferation of Debt "Growth based on debt is unsustainable, artificial." -- Jose Manuel Barroso Debt is the common denominator ... (full story)
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- Mar 21, 2016 9:08pm Mar 21, 2016 9:08pm
- FxJunky
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- Davit
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In trading, you have to be defensive and aggressive at the same time
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- FxJunky
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- Rtm
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All posts are my personal opinion
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- Sniper2000
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- TwFXtrader
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