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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

On the importance of supply side problems

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Moving away from the new normal: PIMCO’s secular preview questions

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On the Portuguese and Irish bailout extension

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Republicans to focus on sequester as debt ceiling to be raised

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On Germany’s avoiding recession

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Problems in global housing markets

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Links: 2013-01-20

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Italy: Economy Rotting as Focus all on Elections

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The dearth of safe assets most benefits sovereign issuers… for now

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Spain: Bad debts’ rise to record is why crisis will return

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