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Noteworthy News – May 27, 2014

Economy:

Thomas Piketty accuses Financial Times of dishonest criticism – Guardian

The Whole Economy Is Rife with Ponzi Schemes – Scientific American

The Retail Death Rattle Grows Louder – ZeroHedge

The world has an astonishing chance to take a billion people out of extreme poverty by 2030 – Economist

Markets:

UK interest rate could settle at 3%, says Bank of England deputy governor – BBC

Politics:

Surprise! Fairtrade Doesn’t Benefit The Poor Peasants – Forbes

Some things to consider if Spain leaves the euro – Michael Pettis

Scottish independence: Oil fund could start from ‘day one’ – BBC

Banks:

Travel insurance doesn’t pay for these bank customers - CBCNews

 JPMorgan Chase Announces Detroit Investment – NPR

10 ways Wall Street skims $100 billion of your money - Marketwatch

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Posted in Economics, Markets, Media, Politics.


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