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Economy - Economics USA

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www.rawstory.com

The head of Standard & Poor's sovereign ratings said Sunday that the agency may downgrade the U.S. again. "We have a negative outlook on the rating and that means we think that the risk currently for the rating are to the downside," Beers said.

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EconomicPolicyJournal.com

Ramifications: Any pools of money that require money managers by bylaws or other agreements to hold only AAA debt may be forced to sell Treasury securities. It is unclear as to the size of such pools, since some may have clauses that...

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“Giving money and power to government is like giving whiskey and car keys to teenage boys. “ - P. J. O’Rourke

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cnbc.com

Stocks tumbled in another choppy session Friday, erasing their earlier rally as investors were quick to take profits following a stronger-than-expected government jobs report and amid ongoing jitters in the euro zone.

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The Intel Hub

Promises to Save Us from Ourselves Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves. After that, they did it again…and again. When it was over the DOW had plunged 512 points and Wall Street had fully fre

News Link • Global Reported By Alex Thomas
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AP

Fears about the global economy led to the biggest panic in financial markets since the 2008 financial crisis. The Dow plunged nearly 513 points Thursday, its biggest point decline since Oct. 22, 2008. Only three of the 500 stocks in the Standard & Po

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