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Economy - Economics USA

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It has been a continuous confirmation over his tenure, of what the Austrians/libertarians have long understood, that Greenspan's policies would get us into trouble. We're now in stagflation and the potential ways out are going to be very catastrophic

Letters to the Editor • Global
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According to a recent story in the Wall Street Journal, a construction worker by the name of Gutierrez bought a Vallejo, California home in 2003 for $340,000, putting a measly five percent down and paying the remainder with a $322,700 loan, which res

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www.sovereignman.com

That unmistakable chink spoke volumes to me. It reinforced my responsible behavior, and it encouraged me to keep saving. This is something I’ve carried with me for my entire life.

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arclein

Economists estimate the "multiplier" from government spending at about 1.5. That means for every $1 cut in government spending, about $1.5 dollars are taken out of the economy. The first year of cuts are therefore $375 billion to $400 billion in te

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Market-ticker.org

The bond market is telling you that there will be no material economic growth for the next two years and that a deflationary depression is the economic path that will be followed.

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CalculatedRiskBlog.com

For the fifth consecutive month, NFIB’s monthly Small-Business Optimism Index fell, dropping 0.9 points in July—a larger decline than in each of the previous three months—and bringing the Index down to a disappointing 89.9.

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AP

The Dow Jones industrials fell 634.76 points. It was the sixth worst point decline for the Dow in the last 112 years.... Investors desperately looked for safe places to put their money and settled on U.S. government debt - even though it was