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Stop the madness now!
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Naked Capitalism
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Posted by
MyPropsMonkey
3 hours 26 minutes ago
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So policy makers are groping around, desperately seeking the holy grail of
depression
-busting economic policy. In that regard, I don’t envy them. They are certainly going to make a lot of mistakes. It may seem at times that I don’t realize this
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Video: Attorney: Mo. Teen Murder Suspect Tried Cutting Self
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Reuters/AP Top News Videos
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A teenager accused of killing a 9-year-old neighbor should be sent to a psychiatric hospital because she shows signs of severe
depression
and anxiety, her attorney said. (Nov. 20)
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Unemployment Continues Climbing to Record Levels
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Commodity Trade Alert
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7 hours 47 minutes ago
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3 million jobs since the start of the recession in December 2007, the most of any downturn since the Great
Depression
. Other measures corroborate that while firms are firing fewer workers, it is harder for the unemployed to find work. The number of
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“Audit the Fed” Bill Moves Along
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The Daily Reckoning
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Yes, I know it doesn’t net out the jobs that were created… I’m strictly talking about jobs that are lost on a weekly basis… You can’t in your wildest dreams think that we’re creating more than 2 million jobs a month during a
depression
! So… That
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Homebuilding Goes Down While Economy Gathers Strength
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The Daily Reckoning Australia
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18 hours 55 minutes ago
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... Weaknesses in the U.S. Economy Most People Still Think – “You Can’t Go Wrong in Property” Economy Free to Recover? Aussie Housing Market Actually Leads the U.S. by Three Years Take Away Stimulus Spending and You’ve Got an Economy Entering
Depression
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“Does US need a second stimulus to create jobs?”
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Naked Capitalism
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That, as Ed Harrison has pointed out repeatedly, is a
DEPRESSION
-like number. Foreclosures are still rising and are at dangerously high levels in terms of the viability of the overall housing market “US children face the worst poverty of all in the
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Soc Gen – Boxing in the Worst-Case Debt Scenario…
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Nathan's Economic Edge
.
Posted by
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21 hours 45 minutes ago
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This first chart should terrify you, its household debt to GDP going back before the Great
Depression
. You’ll note that just prior to the Great
Depression
that household debt levels equaled about 60% of GDP. In 2007, at the start of this
Depression
,
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Mortgage Delinquencies and Foreclosures by Period Past Due
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Calculated Risk
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Note that the Great
Depression
crash is based on the DOW; the three others are for the S&P 500. Reader Yuri asked me if the number of 30 day delinquencies is decreasing. He was curious if the overall number of delinquencies is increasing
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Sex and pharmaceuticals: Arousing interest
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The Economist - Full Print Edition
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new york times
... as the new drug is known, has echoes of Viagra’s own tale. In this case its developers, Boehringer Ingelheim, had
depression
in mind as the target condition. But it was women, rather than men, who reported increased sexual desire as a side-effect. ...
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Germany's Social Democrats: Archangel Gabriel takes the burden
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The Economist - Full Print Edition
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new york times
The pre-convention’s mood was one of “humiliation,
depression
and aggression”, said Hans-Peter Bartels, an SPD member of the Bundestag. Why, the delegates asked, did the SPD fare so badly at a time when capitalism was discredited and voters were
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Steve Keen on the Depression…
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Nathan's Economic Edge
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1 day ago
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embedding only allows autoplay, so please visit - Steve Keen on the
Depression
... Here is the section from my book about bubbles according to Minsky’s 7 bubble stages: …it was Hyman Minsky who accurately described the seven bubble stages (the
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Reddit: How have you overcome
depression
?
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reddit homepage
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1 day ago
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Views: 2
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US Economists Think China Should Raise the Value of Yuan
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The Daily Reckoning Australia
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1 day ago
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" According to the FT, the American president should have told the Chinese that he wasn't going to put the US into
depression
just to protect the value of China's dollar holdings. 'We didn't ask you to stock up all those dollars,' as Obama might
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Speculators and Chinese Firms Accumulating Australian Resource Companies and Commodities
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The Daily Reckoning Australia
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1 day ago
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But there are dozens of smaller projects across the resource spectrum that - as long as the world does not plunge into a second great manufacturing
depression
- make compelling investment stories. Murray got back to us with his U.S. dollar index chart.
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The Great US-China Romance
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The Daily Reckoning
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2 days ago
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” According to the FT, the American president should have told the Chinese that he wasn’t going to put the US into
depression
just to protect the value of China’s dollar holdings. ‘We didn’t ask you to stock up all those dollars,’ as Obama might have
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Nouriel Roubini: A tale of two American economies. "The United States may technically be close to the end of a severe recession, most of America is facing a near-
depression
."
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reddit economics
.
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Obama: Debt could cause a double dip recession
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Naked Capitalism
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decreasing aggregate demand and precipitating a major
depression
in order to liquidate zombie companies and malinvestment. This would cause a massive wave of defaults and decrease debt burdens significantly through bankruptcy and debt repudiation. or; The
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More Dollar Pain As Europe's Economy Is "Flying"
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Zero Hedge
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2 days ago
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The race to the economic/currency bottom today is entirely at the expense of the "burgeoning" European economy, and with Spain and Italy being on the verge of a
depression
, and France having its usual set of problems, it means that somehow
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Obama: More Debt Could Push U.S. Into Double-Dip Recession | Biden: "Socialism For The Rich And Capitalism For The Poor" | Holder: Prosecute Fraud
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"Because if we did not bail them out, we would have been in a position where there was a literal
depression
, not a recession." That's a myth, Joe. And Holder announced: The launch of an interagency Financial Fraud Enforcement Task Force
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Yves Lamoureux Projecting Possible Unemployment Scenarios…
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Nathan's Economic Edge
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Thus, his case 3 scenario of 15% unemployment would equate to about 22% or more in U6, the measurement most like how it was measured during the Great
Depression
. Personally, I think his case 3 scenario is a shoe-in, and my case 4 would be more like 18% U3
[More...]
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