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Re: Recession Probability Upped to 70%

On Monday, August 7, 2006 at 19:42:21 (-0700) Michael Perelman writes:
>The typical response to a depression is a diversion by a military
>adventure.  Brad Delong mentioned that the Fed may have used up its bag
>of tricks.  Has the Pentagon?

Isn't that what the timing of Israel's attack on Lebanon is all about
--- mid-term elections?


Bill
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