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A Streetcar Named Wishful Economic Thinking
We are broke. We may have a couple more months of sustained living if the Fed keeps injecting liquidity into the system, but to all intents and purposes, America is broke. For the past 50 years we have been sustaining low unemployment rates (albeit not as low as the official figures show), based on a [...]
Previous Stories
- Black Swans, Bell Curves and Stagflation
- The Rags To Riches Trap
- Is Gold a Hedge Against Excess Liquidity?
- Stagflation: This Time It Is Different
- CNN.com agrees with TheBankruptcyNews
- Dow Jones at 13,300.02
- Economics and thermodynamics
- The real economy
- Expect increased volatility
- Let the party begin. We will be dead tomorrow
- Another guy with a conspiracy theory
