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Posts Tagged ‘bailout’

Embedded in the macroeconomic data, we tend to lose the ability to surprise ourselves when we hear the big numbers; 1 billion of USD here another 50bn there. When it comes to bailouts and bank mergers, it is especially hard to have a reference. Oxfam’s Head of Research Duncan Green puts the US financial sector’s [...]

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When economic and financial analyst, politicians and savvy bankers are still trying to understand what went wrong, the United States´House of Representatives voted today to reject the $700-billion rescue of the financial markets. As evidenced by the events in Washington, the decision is influenced more by the political situation rather than by a thorough economic [...]

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