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June 3, 2021

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More Evidence the American Economic "Recovery" Will Disappoint ([link removed])
By Daniel Lacalle
Two things should concern us. First, the weakness of the recovery in the middle of the largest fiscal and monetary stimulus seen in decades, and second, the short and diminishing effect of these programs.

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China's New Pandemic: A Bond Default Crisis ([link removed])
By Andrew Moran
As the world’s second-largest economy attempts to return to its precrisis glory days, Beijing could potentially deal with a new pandemic that could have a sweeping effect on financial markets at home and abroad: a bond default crisis.

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