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4 Myths About Covid-19 Driving NJ to Bankruptcy

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By Charles Stampul

Ridgewood NJ, This is a crystallization of points made by front-line medical professionals critical of media coverage of and government response to Covid 19 including Dr. Dan Erickson, Dr. Artin Massih, Dr. Simone Gold and Dr. Drew Pinsky.

Continue reading 4 Myths About Covid-19 Driving NJ to Bankruptcy

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NJ has Spent Irresponsibly for Decades ,Governor Murphy don’t blame the Federal Government

Murhy

the staff of the Ridgewood blog

Trenton NJ, NJGOP Chairman Doug Steinhardt released the following statement in response to Governor Murphy pointing fingers at the federal government for New Jersey’s poor economic outlook:

Continue reading NJ has Spent Irresponsibly for Decades ,Governor Murphy don’t blame the Federal Government

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Diner Bailout : GREECE could ditch Euro for US Dollar

tick toc diner theridgewoodblog.net

EURO HUMILIATION: Germany ‘freaked out’ as Greece ‘could ditch EU currency for US DOLLAR’

GREECE could be poised to humiliate Brussels by ditching the euro and instead choosing to be tied to the US dollar, Donald Trump’s reported pick as EU ambassador has sensationally claimed.

By NICK GUTTERIDGE IN BRUSSELS
PUBLISHED: 07:15, Tue, Feb 14, 2017 | UPDATED: 08:04, Tue, Feb 14, 2017

Professor Ted Malloch revealed that senior Greek economists have enquired about the possibility of adopting the greenback if the country crashes out of the single currency.

He asserted that Athens is so desperate it is prepared to tie itself to the dollar on the same terms as the likes of Puerto Rico if it means being able to quit the eurozone.

https://www.express.co.uk/news/politics/766811/Eurozone-crisis-Greece-ditch-euro-US-dollar-Trump-Ted-Malloch

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Pressure is building for Germany to show it’s ready to rescue Deutsche Bank

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Jeff Cox | @JeffCoxCNBCcom

McDonald on Deutsche Bank: Similar dynamic to Lehman  6 Hours Ago | 02:19

German officials could be about to find themselves in an uncomfortable position: Being called on to show they’re ready to rescue a bank in a part of the world where such operations are considered taboo.

Deutsche Bank came under intensified market fire Thursday, the latest salvo being a Bloomberg report that a small number of hedge funds are trimming their sails at the German bank.

In a broad perspective, the move would represent a minor dent in Deutsche’s derivatives clearing business. Barry Bausano, chairman of Deutsche’s hedge fund business, told CNBC on Thursday that while there have been some outflows, there have also been inflows, which he said is “part of the typical ebbs and flows” of the prime brokerage business.

https://www.cnbc.com/2016/09/29/pressure-seen-building-for-germany-to-rescue-deutsche-bank.html

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Legislature Approves Atlantic City Takeover Compromise

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After months of delays and mutual recrimination between the city and state, the state Assembly and Senate approved an amended Atlantic City rescue package Thursday. The successful bill would give the city 150 days to balance its nearly $100 million budget shortfall for 2017, then hold it accountable for doing the same over a period of five years in order to avoid a state takeover of its finances. JT Aregood, PolitickerNJRead more