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IPFS News Link • Economy - Economics USA

Obama Stimulus: "Magic elixir that has morphed into poison”

06-07-2010 • Bloomberg.com

Pimco's, Crescenzi wrote in an e-mailed note. Debt-fueled spending programs aimed at combating the global financial crisis of 2008 are among policy tools now “being seen as a magic elixir that has morphed into poison.”

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