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Economists: This “New Abnormal” Cannot Last Forever

June 17, 2013

Ian Bremmer and Nouriel Roubini teamed up to write an 8-page piece on what they call the “new abnormal” world economy. As one can imagine, it’s pretty dense, long, and repetitive at points but the gist is clear:  the corrections needed after the 2008 meltdown weren’t good enough, and the unstable world the international community [...]

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December 4, 2010

Yesterday the November U3 unemployment rate came out indicating that we’re no longer stuck at 9.6%.  Instead, we’ve moved up to 9.8%!  While some economists find these numbers a bit unusual and believe that they will later be revised in a positive direction, America has remained above 9% unemployment longer than at any time since [...]

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Fed Pumping Scorned by China, Russia

November 8, 2010

Remember last week when the Federal Reserve agreed to pump $600-900 billion in another “quantitative easing” (QE2) strategy to stimulate the economy?  Well, China and Russia are not happy about it, and Obama doesn’t seem to care!  Obama might look good with a lyre.  Yes/no? Why is this important?  Russia and China are two nations [...]

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