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While the US job creation might have been a good thing for USAmericans, the rest of the world didn't fare as good.

Dean Baker mentions tens of millions of people who saw much of their retirement savings disappear in the crash, he doesn't mention investors from all around the world who also saw their capital, thrown into the supposedly most profitable national economy by the trillions, go up in smoke. A capital flow 'helped' by FED (and other US economic governance) policies in wide-ranging fields, and distorting and hurting the economies this money left.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Mon Aug 29th, 2005 at 03:36:30 PM EST
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afew 4

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