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{ Tag Archives } economics

The costs of financial distress

The car crisis has been confusing to me for a few reasons, but one of the main ones is the central justification for the bailout: to avoid bankruptcy. The argument has been that bankruptcy leads to no one buying cars (not they are anyway) because no one will buy from a bankrupt company which will […]

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Terrorists and the housing crash

While cruising along I-90W I found myself at a moment when my playlist was over and I shifted over to the radio. This is usually a nice thing as I can grab some NPR, some local flavor, or get a burst of energy by becoming angered at conservative talk or religious right ranting. One note […]

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