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Saturday, March 20, 2010

Former UnderSecretary of Treasury for Reagan

Charles Munger, Warren Buffet's business partner recent comments (click) triggered this interview with Paul Craig Roberts, former US Under-Secretary of Treasury to Ronald Reagan.

Decent quote here...
"The world has never seen a country say We can make very few rich by making the everyone else poor simply by moving lowest cost labor abroad."

Decent high level review of some basic economic issues.




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