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Wednesday, November 11, 2009

Bubblenomics

Mishkin's Bubblenomics and the Crash of '08
By by Mike Whitney
At some point, the avalanche of asset liquidation, writedowns and defaults
will thunder from the mountaintop sending stocks into hibernation while the
anemic greenback stages a comeback.

http://www.informationclearinghouse.info/article23947.htm

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