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Do we need a second stimulus to fend off stagnation?

Do we need a second stimulus? Nobel Prize winner Paul Krugman thinks so.

If we take a page from history, Japan languished in never-never land for about ten years after the stock market crash of the early 1990s. Its economy remained stagnant. Some analysts say that reason for the stagnation was the lack of enough stimulus to pull it out of recession.

Continue reading Do we need a second stimulus to fend off stagnation?

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Last updated: May 28, 2012: 08:43 PM

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