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The Gray Wave On Your Own The Coming Retirement Crisis Lifespan Inequality? Deflationary Future Dallas, Houston, Abu Dhabi, Raleigh, and SIC “The afternoon knows what the morning never suspected.” – Robert Frost “It's paradoxical that the idea of living a long life appeals...
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Secular Bear Markets World War D A Little Less Deflation, A Little More Reflation, Please It’s All About That Debt, ’Bout that Debt, ’Bout that Debt Here and There, New York, New Hampshire, Vermont, and NYC Everywhere I go I’m asked, “Will there be inflation or deflation...
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Debt Be Not Proud Oh Debt, Where Is Thy Sting? Debt Is Future Consumption Denied Deflation Is the Enemy of Debt The Black Hole of Debt The 2015 Strategic Investment Conference Orlando, Geneva, Zürich, Dallas, and San Diego Some things never change. Here is Eugen von Böhm-Bawerk, one of the...
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Collateral damage. Unintended consequences. Friendly fire. Certainly no one intended to have a global banking meltdown when they let Lehman Bros. go under. Now we’re watching another Greek drama that could have significant unintended consequences – far beyond anything the market has priced...
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Definitions of Inflation and Deflation Measuring Inflation/Deflation Asset Inflation Versus Price Inflation So Who’s Afraid of Deflation? And Then There Is Debt Deflation The Last Argument of Central Banks New York and New Technology For a central banker, deflation is one of the Four Horsemen of...
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For today's Outside the Box, my longtime friend Harry Dent is letting us have a look at chapter 1 of his latest (and I would say his greatest) book, The Demographic Cliff: How to Survive and Prosper During the Great Deflation of 2014-2019. Harry's grasp of the impact of demographics on economies...
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Demographics – An Upside Down World The Twin Dangers of Debt and Deficits Deleveraging and Deflation – They Are Just No Fun We Are in a Code Red World China, Europe, and Japan – Crises in Waiting Japan May Be a Moose in Search of a Windshield Some Thoughts from Dubai It seems I'm...
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Exporting Deflation DC, NYC, France, Cyprus, and Vegas… When Jonathan Tepper and I wrote Endgame some two years ago, the focus was on Europe, but we clearly detailed how Japan would be the true source of global volatility and instability in just a few years. “A Bug in Search of a Windshield”...
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One of the questions I (and other analysts) get asked most frequently is whether I think there is deflation or inflation in store for the US. My quick answer is "Yes." A brief answer is that we are in a deflationary period and have been for over 30 years, but like all cycles it will come to...
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Harry Dent gave a speech I listened to a while back, and I got him to transcribe it for this week's Outside the Box. One thing about Harry is, you are never left wondering what he thinks about a topic. He sees inevitable demography-caused deflation in our future and makes some very intriguing arguments...
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US Unemployment Turns Back South A Synchronized Global Slowdown Why Would You Buy a Bond with Negative Interest? First Deflation, Then Inflation New York, Madrid, Tuscany, and Singapore A New Adventure And Bad Dad One of the more frequent questions I am asked in meetings or after a speech is whether...
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As my good friend Gary Shilling says, in leading off his piece on 2012 investment themes, which is this week’s OTB, “This year is just the first step in the long-run journey that will continue to be dominated by The Age of Deleveraging” – which also just happens to be the title of Gary’s latest book...
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In This Issue: The Cure for High Prices Let’s Rewind the Inflation Tape A Shocking Development Another Important European Election Home Again, a “Sports” Injury, and My Conference Today we once again think about the inflation/deflation debate, turn our eyes to Europe and the very interesting...
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The Sputtering Economy Old and Outmoded We Have Deflation Exactly Where? O Deflation, Where is Thy Sting? Mexico, High Noon, and Thanksgiving The CPI was out this week, and it showed a continued drop in inflation. There were those who immediately pointed out that this vindicated the Fed's move to...
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As long time readers know, I am a big fan of Greg Weldon. This week he has very graciously allowed me to reproduce his client letter from last Thursday on some of the issues of Bernanke and Quantitative Easing 2. It prints a little longer than usual because of his format and all the charts, but this...