He who places his hope on thee, O Virgin all-glorious, will prosper in all he does.

Inscription on Byzantine coin during reign of Romanus III

Thursday, October 06, 2011

"U.S. 'Close To Faltering,' Fed Ready To Act: Bernanke"

Stop the hyperbole, already. If Europe collapses, America would be seriously affected. Left to its own devices, however, America's slow growth doesn't portend recession.

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