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IPFS News Link • Economy - Economics USA

'Pop!' Bubbles are great for America! Recessions too! (at least someone is happy)

06-12-2007 • By Paul B. Farrell, MarketWatch

"Pop! Why Bubbles are Great for the Economy." Bubbles are miracle workers. So let 'em pop, Pop, POP! Gross is in love with what happens after a bubble pops, an idea first heard in uber-economist Joseph Schumpeter's 1942 law of

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