2009 is now being called the turnaround of the “great recession.” For the sake of the world, I suppose this is better than the “Second Great Depression.” However, one must ask, what has really been changed?
Easy money was, and remains to be the cause of every boom and bust. Now, let’s examine the current scenario and see how it stacks up. It could be said that the $8000 first time home buyers tax credit is easy money. Then isn't the recent $4500 cash for clunkers deal also easy money? What abou…
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Posted on September 2, 2009 at 5:57pm —
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