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  • This Situation is More Like 1982 Than 1932  [View article]
    Markets and economies are too complicated to make simple comparisons.

    This economy is like 1982 in some ways and like 1932 in others but unlike both in important ways.

    We can't predict the future, fortunately, and will have to wait and see what happens.

    In the meantime, sit back and enjoy the show, and be happy that you live in interesting times.
    Jan 13 12:26 pm |Rating: +1 0
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