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8/12/10

Quote of the Day: Mish

On the lost momentum of the economy...

The key question, as always is "What Now?"

Geithner, Obama, Krugman all want more stimulus to keep the recovery going. However, as [Caroline] Baum explains, you can't keep something going, that was never going in the first place.

Michael "Mish" Shedlock
"Economist Cut Growth Estimates"
Mish's Global Economic Trend Analysis