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IPFS News Link • Economy - Economics USA

Nassim Taleb: US must lower debt before economy can recover

06-17-2009 • CNBC.com

"How do you want people to spend more if they don't have a job, borrow more, and tell the banks to lend more but have less leverage. Try to explain to me how this administration can get away with this nonsense." Nassim Taleb

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Reported By Jack Gregson

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Nassim Taleb: US must lower debt before economy can recover

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