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Economy - Economics USA

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TheAutomaticEarth.blogspot.com

The deepening chasm that divides the world of finance and politics on the one hand and the world of everyday people on the other, as Rasmussen indicates: 67% of Political Class Say U.S. Heading in Right Direction, 84% of Mainstream Disagrees.

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The American Thinker

A marvelous thing happened over on Paul Krugman's blog at the New York Times last week. Krugman effectively conceded defeat on a range of economic debates. Who defeated him? People who posted comments on his New York Times blog.

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We left off yesterday’s issue “When Good Falling Prices Go Bad” wondering what stock market investors were thinking. They bought stocks heavily on Monday. Then, yesterday, they sold them a bit – the Dow fell 38 points.

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CalculatedRiskBlog.com

The 137,698 consumer bankruptcies filed in July represented a 9 percent increase nationwide over the 126,434 filings recorded in July 2009, according to the American Bankruptcy Institute (ABI), relying on data...

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arclein

Another unintended consequence of the plunge in interest rates has been that “savers” have been forced to become “speculators” or gamblers. When interest rates on safe corporate bonds were around 8%, a couple could aim for saving half a million doll

JonesPlantation