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Further, We blew up a credit bubble and the American consumer has stopped spending. Goldman Sachs has suggested the U.S. Saving rate will go to between 6-10 % from -4%. Go study the 1970's, We are headed backwards, people.
Aug 15 10:36 am
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All Comments by Ames Tiedeman »Doug Kass Turns Bearish: Zigging When Others Zag [View article]