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Former chairman of the Council of Economic Advisors and Noble Laureate Joseph Stiglitz, calls the current market condition as a period of "Irrational Exuberance."
His thoughts :
Martin Feldstein , professor at Harvard University and the former head of the Council of Economic Advisors under President Ronald Reagan discusses the threat of a Double dip recession and “the real disaster” looming in commercial real estate
US Debt Crisis May Cause 'Fall of Rome' Scenario
US Government Spends Stimulus Money Faster Than Expected
Bank of England calls 'crisis' meeting for economists
The real effects of bank bailouts: Evidence from Japan
