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Quoting the Crisis

12/01/2013

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Gei­th­n­er is not an econ­o­mist and what he “knows” about eco­nom­ics is most­ly dan­ger­ous myths. That is one of the rea­sons why Gei­th­n­er was such a major con­trib­u­tor to never detect­ing or coun­ter­ing the epi­dem­ic of account­ing con­trol fraud that drove the finan­cial cri­sis, hyper-inflated the hous­ing bub­ble, and pro­duced the Great Reces­sion.

— Bill Black in Krugman and Obama’s Dangerous Austerity Myths

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http://www.nakedcapitalism.com/2013/01/bill-black-krugman-and-obamas-dangerous-austerity-myths.html

+Quoting the Crisison

real-economy-crisis | 3 notes | posted at 12:40

  1. quotingthecrisis posted this
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