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Daily Archives: January 30, 2013
“Lose the debt” campaign
My son and his friend have undertaken a grade 8 project to help educate students about the dangers of debt. One of their goals is to garner public support for adding the study of debt bubbles and credit education to … Continue reading
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Feldstein: contracting Q4 GDP and now consumers face higher payroll taxes
Martin Feldstein, Harvard University economics professor, provides an outlook for jobs and economic growth in 2013, and explains why he believes the Fed’s policies are taking a dangerous direction: “I’ve been saying this past year, we’re going to be lucky … Continue reading
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Stocks at cycle highs while US economy contracts in Q4
This morning’s shocker: US Q4 GDP contracted. It turns out that the US is not an island on its own and is not decoupling from the global downturn which accelerated in most economies in 2012. But not to worry, no … Continue reading
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