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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: koan who wrote (96606)4/17/2009 6:57:35 PM
From: Broken_Clock2 Recommendations  Read Replies (1) of 116555
 
Krugman, Stiglitz, and many other top economists are all on the same page.
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Stiggie is saying O's crew sold out. What say you now, koan?

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To: Jonny Dough™ who wrote (384288) 4/17/2009 9:14:18 AM
From: Jamie Dimon 1 Recommendation Read Replies (3) of 384335

Lol - April 17 (Bloomberg) -- The Obama administration’s bank- rescue efforts will probably fail because the programs have been designed to help Wall Street rather than create a viable financial system, Nobel Prize-winning economist Joseph Stiglitz said.

“All the ingredients they have so far are weak, and there are several missing ingredients,” Stiglitz said in an interview yesterday. The people who designed the plans are “either in the pocket of the banks or they’re incompetent.”
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