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Private Equity: The Emperor Has No Clothes

Liquid alternatives to private equity can be created simply by buying small, cheap, and levered stocks, Nicolas Rabener writes.

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"The Worst Deal in History": Theresa May’s Surrender

This Brexit “deal” is anything but good for the nation. This “deal” will cost the British taxpayer £60 billion; require that the British still comply with EU rules without having any say in what those will be, and worst of all, it permits the British to…

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France's President Macron Effortlessly Destroys the Brexit Deal

We are most grateful to French President Emmanuel Macron for revealing that the problem of the “backstop” is far larger than anyone had realized. It was seen as merely a problem of good faith of the EU Commission toward the UK. Now we see that it is also

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