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Getting from Here to There

Posted in Main Blog (All Posts) on April 16th, 2009 4:33 am by HL

Getting from Here to There
A common theme in much of the discussion so far is that the current crisis originated with a financial system that was completely out of control–too large, too risky, with massive liquidity mismatches between assets and liabilities. In another…

The Death of Money Manager Capitalism?
There is little doubt that the world faces the worst economic crisis since the 1930s, with a few economists and policymakers beginning to talk about the possibility of a depression. References to Keynesian economics are commonplace, with only committed…

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