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IPFS News Link • Economy - Economics USA

Denninger: Mid-Year 2009 Checkup

07-03-2009 • Market-ticker.denninger.net

I am quickly running out of possible scenarios to prevent a severe deflationary depression from taking place. By "severe" I mean 20%+ U3 unemployment, GDP contraction of at least 25%, and a possible loss of federal funding capacity...

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Reported By Jack Gregson

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Denninger: Mid-Year 2009 Checkup

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