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Jim's Quote of the Day:
"Depression, especially in a highly leveraged world that is accustomed
to prosperity, would likely result in serious civil strife. Politically, it
must be avoided no matter what the economic or financial costs. Despite 'spin-talk'
to the effect that the Fed is pursuing a dual mandate to both fight inflation
and promote growth, in reality they are simply trying to promote growth pure
and simple. This is the reality that few market analysts or journalists dare
to mention." - John Browne
