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Sunday, March 31, 2013

Stockman Warns of Crash From - Unsustainable Bubble' Fueled by Fed Policy

The U.S. economy, fueled by "phony money" from the Federal Reserve's quantitative easing policies, is headed for an inevitable crash, likely "within a few years," warned David Stockman, who was budget director for President Ronald Reagan.

http://www.bloomberg.com/news/2013-03-31/stockman-warns-of-crash-of-fed-fueled-bubble-economy.html

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