Tuesday, September 13, 2011

El-Erian the Wordsmith

A whole lotta nuthin going on
"With structural impediments to both economic growth and the safe de-levering of excessive indebtedness, America’s economy is succumbing to the cumulative impact of policy shortfalls and political dysfunction. If President Obama’s speech from last Thursday fails to act as a dramatic economic and political catalyst, it is just a matter of time before America tips into another recession, unemployment rises even further, and a growing number of households and small companies are forced into bankruptcy."
Way to harsh my buzz, Mo.

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