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Wednesday, June 01, 2011

Is America being set up for a mega-depression?

"What we’ve got right now is almost near panic going on with money managers and people who are responsible for money."
The above quotation is from a report at CNBC in which Peter Yastrow, market strategist for Yastrow Origer, provided his assessment of what is happening right now in the economy. 
Then, there is this dire analysis provided by a noted fund manager for an investment firm in London:

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