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View original post here: Milestones in Bond Insanity: Negative 10-Year Yield on Swiss Bonds, Mexico Sell 100-Year Bonds Denominated in…
See more here: Fruity Booty Trojan Horse; Some Truth in Pack of Lies; Greek Hypocrisy and Solidarity with Stupidity
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Read the original: Unscrupulous Special Interests and Their Vaccine Crusade
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ZeroHedge claims No Country For Young Workers: Only Americans 55 And Older Found Jobs In March . We first showed back in October 2012 that in America, courtesy of the Fed’s micro-mismanagement of everything, the labor force has been turned upside down, and the only jobs being created are those for aged workers, Americans 55 and over. The reason is two-fold: with savings rates at zero, Americans who were on the verge of retiring found that the fruit of their labor was worth nothing under ZIRP (and may well be punished under the upcoming NIRP) as their savings (and fixed income investments) generate zero interest income, while young Americans would rather stay in college by the millions funded generously by trillions in Uncle Sam student loans
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