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Deutsche Bank touches a nationalist nerve

  The International Monetary Fund warned three months ago that Deutsche Bank posed a potential systemic threat to the global financial system. Today the problems facing Germany’s largest lender are fueling a different kind of risk: that of a growing nationalist backlash in Germany. On Monday, the chairman of the German parliament’s economics committee Peter Ramsauer gave an interview to ...

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Ex-con stigma explains why American men don’t work

  About 7 million American men of prime working age (25 through 54) are not in the labor force, according to the Bureau of Labor Statistics. That means they don’t have a paid job and haven’t been actively looking for one. This figure does not include those in jail or prison. It does include students and men staying home to ...

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Trump’s 1995 return shows good tax policy at work

  The big news this weekend was the leak of Donald Trump’s 1995 tax returns to the New York Times. The returns showed that in that year, Trump claimed $916 million worth of business losses; those losses, said the Times, “could have allowed him to legally avoid paying any federal income taxes for up to 18 years.” Liberal social media ...

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