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The Debt Deal Con: Is It Fooling Anyone?

By: capt_nemo in WRGO | Recommend this post (0)
Fri, 05 Aug 11 4:54 AM | 40 view(s)
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Submitted by Tyler Durden on 08/04/2011 17:25 -0400

* China
* Debt Ceiling
* Deficit Spending
* ETC
* Federal Reserve
* Fitch
* Guest Post
* Medicare
* National Debt
* New York Times
* OPEC
* Quantitative Easing
* Reality
* recovery
* Reuters
* Stagflation
* TARP
* United Kingdom
* Vladimir Putin

Submitted by Brandon Smith of Alt Market

The Debt Deal Con: Is It Fooling Anyone?

Alternative economic analysis brings with it a certain number of advantages and insights, but also many uncomfortable burdens. Honest financial research is a discipline. It requires us to not only understand the fundamentals, but to question the fundamentals. It requires us to look beyond what we would LIKE to see in the economy, and accept the reality of what is actually there. With this methodology comes the difficulty of knowing the dangers ahead while the mainstream stumbles about well behind the curve. It means constantly having to qualify one’s conclusions, no matter how factual, because the skeptics and opposition base their views on an entirely different set of rules; farcical rules that no

http://www.zerohedge.com/news/guest-post-debt-deal-con-it-fooling-anyone?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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