Recession Warning, and the Proper Policy Response
Weekly Market Comment by Dr. John Hussman
Hussman Funds - August 8, 2011
www.hussmanfunds.com
My comment...
Dr. John Hussman's letter pulls no punches... through joblessness, unresolved housing strains & sovereign debt crises, policy makers have repeatedly opted for fiscal band-aids and monetary distortions instead of addressing the core problems: carelessly feeding asset bubbles and refusing to restructure bad debt.
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