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LatStephen

LatStephen
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  • The influence of "free market fundamentalism" in economic policy is growing even though conservatives have been wrong on interest rates, inflation and austerity programs, Paul Krugman asserts. But such failures don’t stop them, he says, and the world is now threatened by "zombie economics" - doctrines that the crisis should have killed but didn’t.  [View news story]
    Krugman is saying that we are actually in a deflationary period and that the money supply is a vague metric totally uncorrelated to the actual inflation.

    I read it thoroughly and I didn't see any "spend to prosperity" stuff there.
    Dec 20, 2010. 06:14 PM | 2 Likes Like |Link to Comment
  • Chaos Theory: Could a Volcano Crash the Markets? [View article]
    The volcano may also have a significant impact on climate
    www.ted.com/talks/davi...
    Apr 18, 2010. 03:12 AM | 1 Like Like |Link to Comment
  • It Pays to Be a Fool in This Market [View article]
    This article reminds of this comic
    www.dilbert.com/strips.../
    Jun 4, 2009. 08:23 PM | Likes Like |Link to Comment
  • GM confirms it's selling Hummer to Sichuan Tengzhong Heavy Industrial Machinery, which GM says will secure over 3K jobs in the U.S. Terms to follow.  [View news story]
    3K americans with Chinese employers! lol
    Jun 2, 2009. 04:29 PM | 2 Likes Like |Link to Comment
  • Market's Recovery Similar to Past Cycles [View article]
    www.dshort.com/charts/...
    Jun 1, 2009. 05:55 AM | Likes Like |Link to Comment
  • Market's Recovery Similar to Past Cycles [View article]
    www.dshort.com/charts/...
    Jun 1, 2009. 05:53 AM | 1 Like Like |Link to Comment
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