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Good article, things are rather scary in the financial markets. Whether we can conclude then that Depression is inevitable may be debatable since the world is lowering interest rates to zero, record fiscal stimulus with the Obama mega stimulus usd1 trillion yet to come.
Dec 17 08:03 am
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All Comments by investor88 »Great Depression Not Imminent, But Inevitable [View article]
You have two forces battling it out: govt printing and pumping whilst deflationary/deleverag... forces are in full swing. The verdict is unkown whilst stocks are taking heart with each massive pumping action.