Tuesday, October 12, 2010

Economic news/ The economy

REAL SOLUTIONS FOR THE ECONOMY'S PROBLEMS
Today you can put a verify mark next to the first, second, third, and fifth of those predictions.
The Federal store has cut interest rates; the dollar has collapsed precipitously; foreigners pulled a record amount out of the U.S. and the economy is definitely suffering.

The only one that hasn't happened yet is number 4 - interest rates haven't soared. But the cost of borrowing money also hasn't gone down the way the Fed would like.
If the only reason I was writing this column was to take a bow for correctly predicting bad news, then someone should hunt me down and give me a good scolding.
That's not my purpose today. Read More Solution The economy
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