Breaking News from Moneynews.com Reich: Market Correction a ‘Certainty’
Robert Reich, the economist and Clinton-era Labor secretary, says a stock market “correction” is now certain. Essentially, there are now two economies — the economy of the rich Wall Street and Washington types who are enjoying the Dow’s surge past 12,000 and a corporation cash pile in excess of $1 trillion, and the rest of America. The other Americans, he writes, are suffering and waiting for the cash hoard to turn into jobs.
Tuesday, 8 February 2011
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