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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?

S&P cuts Spain’s credit rating to near junk with a negative outlook

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The Swiss National Bank is Preventing Needed Adjustment

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What Jack Welch should have said

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My Comments on Spiegel’s Post on How Monetary Policy Threatens Savings

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Daily: More cuts to global growth expectations

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Peripheral bailout extensions will be unwelcome during a German election year

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Residential construction will not materially impact US GDP growth

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Software Patents as Big Government

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Spain: The balance sheets are beyond repair

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We should expect at least a Fiscal Clifflet for the US

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