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Second Half Recovery Has Been Cancelled

Recs

7

July 05, 2008 – Comments (2)

Sometimes how others word things crack me up, as the title few words in a CR post. (Links aren't working for me, http://calculatedrisk.blogspot.com/2008/07/bear-market.html).  Sounds you can just order up what you want:

I'd like to order a prosperous economy please, what's there's a wait list, ok, put down my name....  What, the waitlist is full, well is there a waitlist to get onto the waitlist?

But in the bigger picture the government has been figuring they can buy a better economy for decades.  It isn't so pleasant when the bills start to catch up...

 

 

2 Comments – Post Your Own

#1) On July 05, 2008 at 3:08 PM, DemonDoug (34.72) wrote:

The Austrians are definitely pulling ahead of the Keynesians by many miles at this point.

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#2) On July 06, 2008 at 2:57 AM, AnomaLee (28.67) wrote:

Isn't Fed Governor Mishkin resigning? I wrote a blog about him bailing out for the paycheck, but it seems he's already teaching economic lessons. I prefer a quiet Federal Reserve or one more transparent. Anyway here's a link to the article  

Link to Article

 

 

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