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Monday, March 10, 2008

Is This Deja-Vu?

2006 would seem like a distant dream if you are a wall street investor. During the 2006 economic boom any talk about US recession would be classified as "crazy talk". Watch Arthur Laffer and Peter Schiff duel it out on CNBC in August 2006. The topic of discussion, whether the United States is headed for a recession.
Watching this video, even though I have the benefit of hindsight, feels like Deja-Vu.


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