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David Malpass, the former chief economist of Bear Stearns, says that the dollar, not high oil prices, is the real problem with the U.S. economy.
Malpass blames former Federal Reserve Board Chairman Alan Greenspan for starting the current easy money policy in Washington that Malpass says is responsible for the problems that companies and consumers are facing today.
Member Submitted News
Now diplomacy has failed, boycotting Israel might be the only way we can protect the people of Gaza The Israeli government has already proven that it fears international isolationUKSecrets
World stands disgraced' as Israeli shelling of school kills at least 15 • UN condemns IDF attack on sleeping children as violation of international lawUKSecrets
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