Category: economics
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Another day older and deeper in debt…
The Congressional Budget Office projected increases in the national debt and sustained federal budget deficits. The U.S. government will spend $1 trillion more than it collects in 2020 and deficits will reach or exceed that threshold every year for the foreseeable future. The Wall Street Journal, Wednesday, January 28, 2020 What will it be? Which news…
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M&A
My first grown-up job out of the Army was to work as a researcher for a mergers & acquisitions (M&A) consulting firm based in McLean (home to the CIA), Virginia. Our clients were large New York and American Stock Exchange, publicly-listed companies bent on growing their earnings bases by acquiring other companies. My job was…
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globalization
Get with it. Globalization is good for you. Well, most of the time.