"...the very literal near-term reading is that we have a recovery. It is not going to falter in the next few quarters, deflation is off the table, and we don’t have surging inflation in terms of consumer prices. For the time being, that’s not a bad position to be in..." -Lakshman Acuthan, 12/22/09
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What Went Wrong Before Hong Kong’s Inferno
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Records show how government departments played down residents’ warnings
about corrupt practices and substandard materials that fueled the deadly
blaze.
3 hours ago
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