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  • Is Financial History Bunk? [View article]
    Paul, it's always refreshing and enjoyable to read your latest. We're in uncharted territory. The scale of "fire brigade" Fed-Treasury bailouts and forthcoming fiscal stimulus is unprecedented. Ditto global CDS, MBS, bank leverage, unsecured consumer debt. I have my doubts about the historical comparability of employment and inflation data, too.
    Jan 05 11:07 am |Rating: +3 -1
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