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World Risks Depression if Stimulus Is Pulled: Economist
World Risks Depression if Stimulus Is Pulled: Economist
The world will slump into a depression similar to that in the 1930s if stimulus measures are pulled out too soon, Roger Nightingale, economist at Pointon York, told CNBC Monday. But stock markets are likely to ride the tough times without major problems, as economic activity is better than it ...
The Great Depression And The Great Recession
forbes.com — Eighty years ago this week, the stock market crashed. Although it was more a symptom of the... economy's underlying problems than a cause of the Great Depression, it is still considered the day the worst economic crisis in American history began. I've ... (more) The Great Depression And The Great Recession
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Monday morning links
The Mess That Greenspan Made — TOP STORIES CIT Files for Bankruptcy - Reuters Can Citigroup Carry Its Own Weight? - NY Times Federal regulators close 9 banks, mostly in West - AP World Risks Depression if Stimulus Is Pulled: Economist - CNBC Stiglitz: U.S. Paying for Failure to Nationalize Banks - Bloomberg The Newest Abnormal - Noland, Prudent Bear The Nanny State - The Burning Platform Be Prepared for the Worst - Forbes ...

Today’s Best Market Rumors (11/2/2009) (BK)(ODFL)(PALM)(AAPL)
24/7 Wall St. — ...  a chance to be considered for the Bank of America (NYSE:BAC) CEO job.  (WSJ) Roger Nightingale, economist at Pointon York, says the world faces  a 1930s type depression if government stimulus packages are pulled too soon  (CNBC) A draft order to approve AT&T’s (NYSE:T) $2.8 billion acquisition of Centennial Communications Corp is ...

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