Amidst all the hoopla, cheering, and insanity of throwing money at currencies thinking it will make them rise, here are a few voices of reason on my radar today. John Hussman Greek Debt and Backward Induction …. The bottom line is that 1) aid from other European nations is the only thing that may prevent the markets from provoking an immediate default through an unwillingness to roll-over existing debt; 2) the aid to Greece is likely to turn out to be a non-recourse subsidy, throwing …

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Voices of Reason in Sea of Insanity