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Thursday
Oct162008

US financial rescue Plans A through G

DateThursday, October 16, 2008 at 11:39AM

This short essay by Brad DeLong in the Guardian summarizes in very accessible fashion the six strategies that the US government has so far used to try to stabilize the financial system and the real economy. The first five failed, and the sixth has just been put in motion. Brad thinks #6 will work but describes #7 in case it doesn't.

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