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Monthly Archives: August 2010
The Fed is no superhero
All the hype and hope surrounding Bennie and the Fed's comments at Jackson Hole Friday, underline how much mainstream commentators and stock bulls want to paint the Federal Reserve as a super-hero who can magically solve the economy. Far from … Continue reading
Roubini: douple dip risks have risen
Chances of double dip now more than 40%: “Growth for the rest of the year will be closer to zero than 1 percent.”
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