Nov 20, 2008

Not a Normal Recession

This Is Not A Normal Recession: Moving on to Plan B

By Mike Whitney

The global economy is being sucked into a black hole and most Americans have no idea why. The whole problem can be narrowed down to two words: "structured finance."

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Woo! "Black hole"..."structured" finance...if he keeps it up, Mr. Whitney will become an astrologer by default before he knows it!

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