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Larry negative again on market 1/01/08-6/01/08

Larry adds value to the economy most of the time. Larry Cudlow of CNBC went over economic concerns caused by inflation, high energy prices, and market regulation. Larry has predicted at times in 2008 that negative economic indicators have been telling of a periodic recession; part of the capitalist system.   A United states consumer driven recession.  He spoke about the leveraged economy being vulnerable to excessive consumer debt and the possibility this could unfold into a serious recession. Larry’s most negative viewers have called for a very long and deep recession in part because of high oil prices.

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May 30, 2008 - Posted by | Uncategorized | , , , , , , , , ,

1 Comment »

  1. Free market capitalism is not failing: It was injured by the intrusion of ideologically manipulated actions of Democrats that forced ideological decisions, rather than sound business decisions, on intimidated bankers and lenders. They were forced to lend to the unqualified. Politicizing economics was the speciality of the communists as they manufactured poverty, a lack of necessities and forced slave labor in economies they controlled. Are we beginning to imitate them?

    Comment by Charles de Kunffy | October 28, 2008 | Reply


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