Tag Archive: Unemployment

Welcome to The EM Rattlesnake Round-Up

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Welcome to the EM round up. It happens once or maybe twice a year. This year, it started on the first day of January but soon erased losses into February, not without weakening… Continue reading

Ad Hoc Commentary – the European Franco-German core has virtually no Keynesian capacity

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Greece successfully returned to the global capital markets yesterday and sent some Eurozone government yields tumbling to record lows. Yours truly maintains our prediction at the beginning of the year: “…the European sovereign… Continue reading

Ad Hoc Commentary – commoditization of white collar work and the persistent rise of underemployment and unemployment

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The machines of the 20th century were dumb machines that could replace brawns but not brains. To protect against the commoditization of labor, we invest about twenty years of our lives in formal… Continue reading