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Business Loan Delinquencies & Job Creation

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July 1, 2016
By Steve Blumenthal

“We recognize that our EU policies aren’t working for everybody. That’s okay. We just have to figure out how to make sure that everybody gets what they need, even if it means less control from Brussels.”

-European Union’s founding members: Belgium, France, Germany, Italy, Luxembourg and the Netherlands

On Tuesday, I tweeted out a piece titled, Brexit Bombshell: EU Capitulates.  Geopolitical analyst George Friedman links the Brexit vote with the world’s growing class division and growing anger.  George is an internationally recognized geopolitical forecaster and strategist on international affairs.  The elites capitulated.

On my risk watch is the potential for a sovereign debt crisis originating in Europe.  The debt-to-GDP ratios are staggering, entitlements are unmanageable and unemployment is...

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