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Ludicrous Proposal by Harvard Economics Professor to Force Taxpayers to Buy Spanish Bonds; Mish's Five-Point Alternative Proposal

Precisely why should taxpayers bail out banks that made stupid loans? Feldstein never bothers to say. Are bondholders never, ever to take a loss? Feldstein's proposal is so preposterous and so devoid of rudimentary thinking about taxes (by whatever name) that it should be clear that he is unfit to teach
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CHART OF THE DAY: The Defining Central Bank Trade Of 2013

Business & Finance : Business Insider: Clusterstock (last year)

Miller Tabak's Chief Economic Strategist Andrew Wilkinson thinks he has identified what will be the central bank trade of the year in 2013. One might expect the trade to involve buying Spanish or Italian bonds, which, according to a... Read Post

Why America’s favorite anarchist thinks most American workers are slaves

Business & Finance : The Business Desk with Paul Solman (2 hours ago)

A guaranteed basic income gives everyone access to the market, liberating workers to do the work they want to do, says London School of Economics professor David Graeber. Photo by Cole Hawkins/The Image Bank via Getty Images. Editor... Read Post

Ludicrous Proposal by Harvard Economics Professor to Force Taxpayers to Buy Spanish Bonds; Mish's Five-Point Alternative Proposal

Business & Finance / Economics : Mish's Global Economic Trend Analysis (2 years ago)

As the economic crisis lingers on, the number of ludicrous proposals to deal with the crisis rises every month. I have lost count by now of preposterous ideas and who made them (does anyone have the complete list?), but a proposal b... Read Post


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