Test Of Exuberance

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Markets uncertain despite good news from Japan, Libya.
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11 Comments for “Test Of Exuberance”

  1. I wonder what Mr Hoye thinks of Rogoff’s book, “It’s Different This Time”? It’s a pretty strong investigation into the financial history of govt defaults. Seems almost every fiat currency country ends up creating money into oblivion once they get into a very high debt position.

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