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Chris Christie Says  `Disgusted by Union Leader’
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Chris Christie Says `Disgusted by Union Leader’

New Jersey Governor Chris Christie speaks about the leadership of the state’s largest teachers’ union, “Life’s not always fair,” Vincent Giordano, executive director of the 196,000-member New Jersey Education Association, said during an interview this weekend on the NJTV network, […]

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Ray Dalio and the De-leveraging Cycle

Ray Dalio at Bridgewater Associates wrote a paper (updated Oct 2011) describing how a debt-deleveraging cycle works: http://tinyurl.com/7p5pc9y. A debt-deleveraging cycle is VERY different from a normal business cycle slowdown. From peak-to-trough, equities typically decline by 80% and real economic activity […]