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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?

News Links 02/19/2012

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Propaganda: Brainwashing in Communism and in Democracy

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News Links 02/18/2012

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Iceland upgrade sure makes default look palatable

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The euro zone is not ready politically for a default

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Italy has taken significant steps away from the abyss

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Greece’s extreme parties are gaining support

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Dollar Softer on Greek Bailout Hopes

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News Links: EU to punish Spain for deficits

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Greece: On Pace for the Worst Recession in Modern History

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