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1 day agoChris Hayes takes up a notion I've never been very fond of, that recessions are necessary and healthy since they clear out inefficient firms,
1 day agoBut they should also be prepared to add to the stimulus now that it’s clear that the first round wasn’t big enough. ….. He needs to
1 day agoThe prices of oil have tripped below $60 a barrel right after the traders observed the economic weakness signs, though it is forecasted by
1 day agoThe prices of oil have tripped below $60 a barrel right after the traders observed the economic weakness signs, though it is forecasted by
1 day agoWith the unemployment rate at 9.5% and an economy that continues to give mixed signals about a recovery, both economists and politicians are
2 days agoAs an analyst upgrade of Goldman Sachs Group Inc. spurred a rally in financial shares, most U.S. stocks gained, tempering a drop in drugmakers
3 days agoEconomic growth in the U.S. since the mid- 90's has not been organic - it was synthesized with CREDIT. From Reuters:U.S. consumers fall
3 days agoPointing out a speech by William C. Dudley, president of the New York Fed, Simon Johnson says : Dudley says that the Fed can pop or
4 days agoStand up economist/comedian (yes, apparently there is such a thing), Yoram Bauman, translates the basic principles of economics:
4 days agoThis should be obvious to most people, but its interesting to see it all spelled out in the MSM. (Bloomberg) -- The world’s most affluent
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