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[10 Aug 2011 | No Comment | 1,389 views]
Bubble economy?

Federal Reserve Bank of St. Louis President James Bullard said he expects to see the national economy improve through the second half of the year.
While it’s not terribly unusual to see some economists and government officials to call for improved economic health regardless of how things are going, Bullard had a unique take on the national economy. He said one can, in essence, think to the economic strife that has plagued the nation these past couple of years as being created by a “bubble economy” that deviated substantially from the …