Walker's World: The new economy
Paris (UPI) Aug 22, 2011 - The surprise is that rational people in business and the markets have been so surprised by the double-dip recession. A renewal of the financial crisis was a pretty logical development once the fiscal ammunition ran out. From 2008 through the end of 2010, governments and central banks around the world spent more than $10 trillion in stimulus funds, deficit spending and the creation of li ... more
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