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Sometimes, their judgements may even be better than those of professional economists, since they may be more rooted in reality and narrowly less focused. When China launched its economic reforms in 1978, its overall foreign trade totaled $20. emergency cash advance Interestingly enough, maintaining access to Persian Gulf oil requires about $50 billion of the annual U.
Their goal was to enrich Japan, if not necessarily the themselves Japanese. He was worried not only about how they were valuing their assets, which struck him as wildly optimistic, but about their failure to raise any capital
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With the TARP legislation still publicly unresolved, Steel and Carroll had come to see Kovacevich in hopes of convincing him to buy Wachovia. Legions of sleep-deprived, depressed traders, lawyers, and other employees were still working the phones and doing what they had to do before closing up the shop. In 1967, at age thirty-six, I was appointed chairman of Berkeley
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