Industry NewsMarkets & Economy

Time to reload for the next crisis

Commentary: Deficit must be tamed to restore safety margin for borrowing
Published on Mar 15, 2013 | Updated on May 3, 2013

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by CareyBot

Long-term interest rates stayed under control this week, but barely. The economy is changing for the better: this may be another false recovery, but as they have gone, this one is by far the most broad and sound since the show stopped in 2008.

Last week I questioned the report of a quarter-million-jobs gained in February. Should not have, as confirming data have arrived.

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