The “Real” Economy Heads South |
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Everyone has been acutely focused on Washington — specifically, if and how the financial industry will get bailed out. The Senate voted to approve a revised $700-billion bailout package, one that's packed with all kinds of fresh pork and new tax cuts. And it looks like the House may finally get on board, too. But the real fireworks aren't in D.C. — they're in the REAL economy. It's looking like a total disaster in the making. Just consider what we learned this week: * The research firm Read More...
Filed under: Fundamental
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