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Credit Writedowns
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savings
Money markets are not benefiting from rising interest rates
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US: Declining savings and deleveraging leads to releveraging
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Excess German savings, not thrift, caused the European crisis
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Feedback Loops
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Zero rates mean Americans are giving up on Certificates of Deposits
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Where Krugman went wrong: IS-LM economic modeling failure (part 2)
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The Unsustainable US Economy
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Mercantalism: exports lower a nation’s living standards
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Japan’s Looming Singularity
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The Fed, the interest income channel and net interest margins
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