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Economy - Economics USA

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http://dailyreckoning.com

The Euro crisis is not “solved.” Not by a long shot. Yet Bloomberg reports this morning (i,e, March 2nd) that European leaders “declared a turning point in the Greece-fueled debt crisis.”

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Reason magazine

It turns out that the detergent is not just good for making your clothes brighter than the imitation brand. It’s also street currency for buying pot and cocaine. Briefcases full of cash are being cast aside in favor of blaze-orange containers of laun

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http://www.zerohedge.com, by Tyler Durden

A major potential negative catalyst for financials globally is rapidly approaching as 114 banks are on review-for-downgrade by Moody's across 16 countries.

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http://online.wsj.com, By CHRIS DIETERICH

Stocks suffered their biggest declines this year, losing ground for the fifth-straight session, as worries over rising borrowing costs for European countries weighed on sentiment.

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http://www.businessinsider.com, Simone Foxman

During the last few weeks, economists Paul Krugman and Steve Keen have engaged in a lengthy (and ugly) blogger debate about the role of banks in expanding the monetary base.

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New York Times

New Jersey Gov. Christie exaggerated when he declared that unforeseen costs to the state were forcing him to cancel the new train tunnel planned to relieve congested routes across the Hudson River, according to a report by independent Congressional i

thelibertyadvisor.com/declare