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Stimulus Battle: How to Fix the Economy

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Uploaded by on Jul 21, 2010

Keith McCullough believes the government should dramatically cut back on spending. But Barry Ritholtz warns that we could face another recession.

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  • There r lots of people who want to put money in US Real Estate sector at this point of time. Let the foreigners to bring in the money and run this sector. Bail-out real estate companies r approaching to the time where they have to pay back the govt. loans.

  • The Reagan playbook is no longer possible. The American consumer can only go so far into debt. These guys need to start over, and think through the forms of debt expansion that have taken place through modern history. And put it along side the wage story.

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