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Federal Reserve

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AfterDowningStreet.org

The total debt burden on the economy as a whole could reach $70 trillion by 2010, with annual interest payments for individuals, households, businesses, and all levels of government likely to reach $3 trillion out of a $14 trillion GDP...

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Jessescrossroadscafe.blogspot.com/

One of the lunch regulars, Dave the BondMan, notes for to our suprise that the Rate for a Credit Default Swap, the cost of insuring against default, on a 5 Year US Treasury Note is now a full 100 basis points.

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Mark Yannone

The whorehouse was framed and shingled in 1913. Lace curtains and mood lighting soon followed, along with soft music and wafting perfumes redolent of raw power and insatiable hunger. Now it's Open House, Open Bar, and All You Can Eat. The fren

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Washington Post

It could take years for the nation to fully bounce back from the recession, according to new projections by the Federal Reserve, who indicated even once the economy starts expanding again, it will be an "unusually gradual and prolonged" rec