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his Depression talk is just outrageous......unless events spiral out of control globally. The distance to the bottom is a long ways in the US, but not in the EU or the Far East. A depression is possible if we become persuaded that we have a limitless coffer from which to remake our economy. At this point any depression will be induced by tax and fiscal policies that misfire both as to targets and costs. It is possible and we need to know there are limits.
Oct 06 13:49 pm
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All Comments by whidbey »John Hussman: Depression Fear Mongering 'Ridiculous' [View article]