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Macroeconomics

Macroeconomics

The Crisis at the Tipping Point

Photo Credit: Fabio Tinelli Roncalli || Alas, there were so many signs that the avalanche was coming…==================Ten years ago, things were mostly quiet.  The crisis was staring us in the face, with a little more than a year before the effects of growing leverage and sloppy credit underwriting would hit in full.  But when there is a boom, almost no one wants to spoil the party.  Yes a few bears and financial ...

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