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Thursday, March 3, 2011

Bloomberg: Mark Zandi of Moody's disses GOP budget cuts



Rightardia has great respect for two US economists; one is Austan Goolsbee and the other is Mark Zandi. We think Zandi is right and the Fed chairiman, Ben Bernanke, is wrong.

Other economists on Blomberg are predicting another recession that may start in Europe because the banks are raising interest rates because of their concern about inflation.

Apparently, the French and German economies are doing well.

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