7.28.2014

How much you wanna bet these Keynesian clowns don't mention excessive debt as the primary reason?







Yup. The word "debt" appears exactly once in the article, and only as a reference to the difficulty of paying it off without economic growth, not as a cause of weak growth.

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Seems legit

WSJ : Calpers’ stock portfolio returned minus 13.1%, while bonds returned minus 14.5%, the pension fund said. Those losses delivered a doub...