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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?

Cheap and high-powered mobile bandwidth will kill many outdated tech business models

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Daily: Bullish US housing starts numbers show the US in full recovery mode

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Full text: Moody’s confirms Spain’s government bond rating at Baa3, assigns negative outlook

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Daily: On the Currency Wars and Bernanke’s Defense of Fed Policy

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Public pension accounting and low nominal GDP growth

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Full text: Ben Bernanke on U.S. Monetary Policy and International Implications

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Since Romney’s tax plan is “mathematically impossible”, a President Romney could end up a closet Keynesian like Reagan

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Spain: The government is claiming none of its auctions will fail after it signs a Troika MoU

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Daily: Recent economic data relatively constructive

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Portugal: austerity budget with highest tax increase in history as prep for OMT

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