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25 Year Anniversary
Doug Noland
10/19/2012
www.prudentbear.com
“I’ll instead propose October 20, 2012 as the 25 Year Anniversary of the Great Credit Bubble [vs. the 25th Anniversary of the “’87 Crash”]. It was, after all, 25 years ago, on the Tuesday following ‘Black Monday’ that a statement changed history: ‘The Federal Reserve, consistent with its responsibilities as the Nation’s central bank, [...]
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