Charles Dumas News
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Greece is spiraling into the kind of decline the U.S. and Germany endured during the Great Depression, showing the scale of the challenge involved in attempting to regain competitiveness through austerity.
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Ireland should temporarily take over its banks rather than set up a so-called bad bank to buy risky loans, according to Charles Dumas, director at Lombard Street Research.
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Spanish Prime Minister Mariano Rajoy faced pushback from his visiting Finnish counterpart, Jyrki Katainen, over the next steps in fighting the debt crisis.
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Bloomberg's Tom Keene discusses how Charles Dumas got it right in predicting trouble for the Netherlands. He speaks on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)
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Bloomberg's Tom Keene talks with Charles Dumas, chairman of Lombard Street Research Ltd., about the Greek debt crisis. (Source: Bloomberg)
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German Chancellor Angela Merkel ’s unilateral attempt to rein in speculators and build support for a $1 trillion bailout is backfiring in debt and currency markets.
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Charles Dumas, research director at Lombard Street Research Ltd., talks with Bloomberg's Ken Prewitt and Tom Keene. For more ``Surveillance'' and ``On the Economy'' podcasts, please visit iAmplify.com.
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Since the launch of the euro in January 1999, Germany and the Netherlands have experienced a growth slowdown and loss of wealth for their citizens that would not have happened had they never joined the euro.
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New Orleans is on a roll, rebounding from the devastation of the 2005 hurricane and the post-Katrina ineptitude in Washington and in the city’s government.
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Economists were probably too busy watching markets gyrate to contemplate last month’s big news in science. Physicists detected particles travelling faster than light, which, if the reading was accurate, means time travel is possible.
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