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The “Real” Lender of Last Resort

April 28th, 2008 · No Comments · The Fed & US Treasury Policy

The good news? The (stimulus) checks are in the mail. The bad news? You’re going to need them. Did you see Nobel prize winning economist Joseph Stiglitz on CNBC this past Friday? Here’s what Stiglitz had to say about the U.S. economy:

“The U.S. economy is already in recession, and may echo the 1930’s. This is [...]

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