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The economic and financial crises are even worse than Obama admits. - By Daniel Gross - Slate Magazine
Submitted by Avemii
Feb 11, 2009


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In the past week, the stock market reacted erratically to two huge government actions intended to shore up economic confidence. As this five-day chart of the Dow Jones industrial average shows, stocks rallied last Thursday and Friday as a deal over fiscal stimulus crystallized. The mere anticipation of the passage of an $800 billion-plus stimulus package was enough to get people whistling Read the full article

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