The hypocrisy of central banks and their media is astounding

Average Consumer Expects 4.7% Inflation This Year

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“It is a phenomenon that, unlike financial contagion, is not easily countered by policies,” El-Erian said of the looming credit crunch.

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California To Front 20% Down Payments With 0% Interest For Homebuyers With Incomes Up To $211,000

California homebuyers making up to $211,000 annually will be able to receive a 20% down payment, and all closing costs, at a 0% interest rate.

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