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Take A Hike!

It looks like we’re approaching an inflection point of great danger in working through problems in creating Economic Recovery. The inflection point is coming because there has been little economic...

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Repeat after Me: The USA Does Not Have a ‘Greece Problem’

By Marshall Auerback (Cross-posted from New Deal 2.0) [Reprinted with the permission of the author] To paraphrase Shakespeare, things are indeed rotten in the State of Denmark (and Germany, France,...

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Part of the Problem

By Warren Mosler and Joseph M. Firestone Paul Krugman agrees that “We’re Not Greece.” But he only appears to have a glimmer of an understanding of the most important reason why this is so. We hope this...

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G20 Says Expansionary Fiscal Policy Not Sustainable

By Warren Mosler With permission of the author The G20 has dropped its support for fiscal expansion. The deficit hawks are prevailing. But why is that? We all either know or should know that...

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The Eurozone Torture Chamber

By Warren Mosler (With permission of the author) (Cross-posted from Correntewire.com) Looking like it was another ‘buy the rumor sell the news’ near term. Photo: Images of Money / Flickr. After you do...

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