Reflections on 2013; What's Important, What's Not? What's Ahead?
MishTalk
JANUARY 3, 2014
Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent. 2013 is likely to be the tip of the bubble belief in Merkel. However, I certainly did not get my 2013 investment thesis correct.
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