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How We Ended The Great Recession

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what planet are these pricks on

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Numerous current stories show how disconnected mainstream policy-makers are from reality.

For example, Ryan Grim points out that there is an "unbelievable disconnect" between the American people (who are people are against the Afghanistan war) and Congress and the political elite (gung-ho to escalate this never-ending war):

Even after the Wikileaks revelations, even though there is no logical reason to be in Afghanistan, even though the war won't help the economy, and even though most Americans want us to get out, Congress keeps increasing funding for the endless war.

And Alan Blinder (economist, banking consultant and former Vice Chairman of the Board of Governors of the Federal Reserve System) and chief Moody's economist Mark Zandi wrote a paper yesterday called How We Ended the Great Recession:

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bloody hell, thats a bit of a stodgy presentation.

and they are all knowing

When all is said and done, the financial

and fiscal policies will have cost taxpayers a

substantial sum, but not nearly as much as

most had feared and not nearly as much as

if policymakers had not acted at all. If the

comprehensive policy responses saved the

economy from another depression, as we es-

timate, they were well worth their cost.

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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