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Daily: The Age of Chaos – Why we live in turbulent times

The Bunker – News without the nonsense

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What We Can Learn From the Financial Crisis?

The financial crisis is at the heart of a banking crisis, he says. The federal reserve board has had effectively to become a lender of last resort in these dollar markets. In some sense, european banks haven't really recovered from what's happened then and this makes lessons that can be learnt about it quite difficult.

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