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; A Dangerous 'New Normal' in &lege Debt darles-Blow RYT_March_8,2013.pdf; 21:713.pe DEAR FRIENDS.... Last week the controversial President of Venezuela, Hugo Rafael Chavez Frias died. Although highly popular in his home country this four-term President was often portrayed by Western Media as a cros
ve a big stick and make sure that your adversaries know that you are not adverse to using it liberally. Otherwise, I find Brook's op-ed insightful. Paul ICrugman in and op-ed this week in the The Washington Post - Mooching Off Medicaid —'Conservatives like to say that their position is all about economic free
GDP. Germany, UK, France and Canada national debt's are between 81.5% to 86.3% of their GDPs. Whilem Zimbabwe national debt is 70.3%, Mexico 43.8%, Venezuela is 45.5% and Vietnam is 38%. Obviously the US economy is in better shape than Zimbabwe, Vietnam and Mexico. And Singapore's economy which has a nat
d have been to return Mr. Monti — who was essentially imposed on Italy by its creditors — to office, this time with an actual democratic mandate. As Paul ICrugman wrote this week in the New York Times — Austerity, Italian Style — things aren't looking good as Mr. Monti's party appears likely to come in fourth
gree of certainty; historically, productivity forecasts have been notoriously wrong. In The Age of Diminished Expectations,” first published in 1990, Paul Krugman, Nobel laureate in economics and professor at City University of New York, wrote that the lower pace of productivity growth experienced since the ear
Page: HOUSE_OVERSIGHT_014546 →ent low productivity growth rates do not portend low growth rates going forward. Just as Hansen was proven wrong on his secular stagnation theory and Krugman was proven wrong on his diminished expectations for the US economy (and they were both influenced by their pessimistic view on productivity), those w
Page: HOUSE_OVERSIGHT_014547 →hina, South Africa and Brazil—have negative outlooks from at least two rating agencies, raising the potential for downgrades.! A potential default by Venezuela and its national oil company could also sour sentiment, as could unfavorable tariffs or trade restrictions from the new US administration. Finally, t
Page: HOUSE_OVERSIGHT_014607 →Entities connected to both Venezuela and Paul Krugman

Jeffrey Epstein
PERSON
Donald Trump
PERSON
Barack Obama
PERSON
George W. Bush
PERSON
United States
LOCATION
Prince Andrew
PERSON
Joe Biden
PERSON
Bill Clinton
PERSON
Marc Rich
PERSON
Department of Justice
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Virginia Giuffre
PERSONLeon Black
PERSON
Julie K. Brown
PERSON
Stephen Hawking
PERSONEmmy Taylor
PERSON
Prince Charles
PERSON
Samantha Power
PERSON
Houston
LOCATION
USA Today
ORGANIZATION