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Curing One Financial Disaster With a Worse One

‘Committee to Save the World’ Fails Twice! It was 10 years ago this month that Time magazine gave us the Committee to Save the World: Looking proud, confident…Alan Greenspan, Robert Rubin and Larry Summers proposed to save the world from the Asian debt crisis… They should have left well enough alone.Because of them, we now have a crisis that is far worse. But the longer the rally goes on, the more people think it is permanent. They think the crisis is over already. Last week, the Dow took bab....

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