EVENING READING
29 January 2010 by Cullen Roche
3 Comments
- Implications of Volcker Rule - Economist
- Not your average crisis - Carnegie
- So goes China so goes the U.S. - Wells Fargo
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Comments
What if consumer demand isn’t coming back? – MSN
This link points to a picture!!
It seems to me that the implications of the WellsFargo analysis is that if you want to create jobs in America, then we need to raise taxes and cut spending, thus balancing the budget. That would balance the trade deficit and more Americans would be at work. Right now, the only thing stimulus packages do is stimulate China.
some interesting thoughts from Jesse…
http://jessescrossroadscafe.blogspot.com/2010/01/ny-fed-conspired-to-hide-details-of-aig.html