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Markets right now are pricing the worst.

Eurodollar University

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The Fed Is Responsible for the Great Moderation

The past 15 years could well be a hiatus before return To more turbulent economic times in other words. Ben Bernanke was warned by stock and Watson that at some point we could have more turbulent turbulent economic times once our quote-unquote good luck runs out. He later would propose a global savings glut which was complete nonsense. But he left open the door for another explanation and long-term interest rates.

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