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Economy - Economics USA

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Charles Goyette from TheStreet.com

If a cheap dollar doesn't produce prosperity, could the gnomes in the Treasury and at the Federal Reserve have other reasons to opt for the devaluation of the dollar? They go about their subterranean toil, undermining the dollar seemingly heedless of

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AP

Even with an economic revival, many US jobs lost during the recession may be gone forever and a weak employment market could linger for years. That could add up to a "new normal" of higher joblessness and lower standards of living for many Americans,

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Marin Katusa

This summer, there's been a flurry of new green announcements from the world's major oil firms. ExxonMobil, Chevron, Valero, Statoil, Marathon, and Sunoco have all thrown their hats into the green ring.

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The Market Ticker

Gee, who saw this one? Anyway, the point stands. The FDIC is clearly out of money, and this is nothing more than yet another legalized accounting fraud game, where they'll get "the money" now but allow the banks to "recognize" that "charge" over

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Reuters

Chief executives from the biggest U.S. corporations worry that the slumping dollar could sap U.S. credibility around the globe, spur inflation and ultimately undermine the economy. The dollar has fallen to a 14-month low; and while a weaker dollar ma

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Economic Policy Journal

This ain't the 'Broken Window' theory championed by Rudy, Billy and Howie in NYC in the early 90's. No, this is the 'Broken Window fallacy' of French economist Frederic Bastiast of the 50's (the 1850's, that is), and NYC mayor Mike Bloomberg is all o

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Seeking Alpha

Good times will not be returning any time soon. We continue to lose jobs month over month. And, while the statistics being released are showing a slow down, this is basically a fabrication. There are thousands of people falling off of unemployment

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The Business Insider

Incompetence plus ideology equals bankruptcy. The FHA still backs toxic mortgages The FHA's mission is political: it is still trying to "expand home ownership.The discredited ideology of home ownership is the most toxic ideologogy since communism.

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Marketwatch

This year is shaping up to be the first since 1992 to see the failure of at least 100 banks, and experts suggest we could be no more than 10% of the way through this cycle of bank collapses, which is sure to be the worst run of closures since the Gre

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CNBC (HT Newspundit)

This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday, adding that global stimulus hasn't come down to Main Street.

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Yesterday, the Dow soared over they 10,000 mark. If it keeps going at this rate – up 144 points yesterday – it will soon equal the post-’29 bounce. All we need is two more days and we’re there.

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It was the mid-‘70s. I was helping my Dad build a dirt road to our barn and he wasn’t happy. Not about the hard work or humidity, but from what was happening to the dollar. Inflation was starting to kick into high gear, grabbing headlines that even a

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