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The gloom

I generally don’t have a big interest in business and economics, etc., but when I listen to Marketplace on NPR, it almost always holds my interest.

These days, the talk gets more and more interesting, although somewhat on the gloomy side.

Tonight’s show included:

  • Sears’losses could signal its death.
  • Bond failures may bankrupt cities.
  • Many people are going beyond borrowing against their mortage and now they taking loans from their retirement account.
  • Etc.

    NONE, NADA, ZIP, ZILCH

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