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The structural villains per Stanley Fischer (who is rapidly becoming a more powerful Narrative voice and Missionary than Janet Yellen): housing, fiscal policy, and the European economic slow-down. Or.
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· This is truly sinister, and straight from the mouth of the Vice Chairsatan of the Fed, Stanley Fischer, and a speech given on August 11th at “The Great Recession-Moving Ahead,” a Conference Sponsored by the Swedish Ministry of Finance, in Stockholm, Sweden, as posted on the Federal Reserve Bank’s official website.
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From Fed Vice Chairman Stanley Fischer: The Great Recession–Moving Ahead.Here is a brief excerpt: In the United States, three major aggregate demand headwinds appear to have kept a more vigorous recovery from taking hold.
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The Great Recession: Moving Ahead : a speech at the "The Great Recession–Moving Ahead," a Conference Sponsored by the Swedish Min by Stanley Fischer in Speech, Board of Governors of the Federal Reserve System (U.S.), 2014
Stanley Fischer (Hebrew: ; born october 15, 1943) is an Israeli American economist and former vice chairman of the Federal Reserve. Born in Northern Rhodesia (now Zambia), he holds dual citizenship in Israel and the United States. He served as governor of the Bank of Israel from 2005 to 2013.
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· Fischer headed Israel’s central bank from 2005 through 2013 and is now number two at the Federal Reserve in the U.S. after Janet Yellen. In a speech entitled, The Great Recession: Moving Ahead , given at an event sponsored by the Swedish Ministry of Finance, Fischer said that the economic recovery has been and remains “disappointing.”
· - Fed Vice Chairman Stanley Fischer, “The Great Recession: Moving Ahead”, August 11, 2014. There is one great mystery in the high falutin’ circles of the Fed, ECB, and IMF today.
"The Great Recession–Moving Ahead," a Conference Sponsored by the Swedish Ministry of Finance, Stockholm, Sweden The Great Recession: Moving Ahead The recession that began in the United States in December 2007 ended in June 2009. But the Great Recession is a near-worldwide phenomenon, with the consequences of which many.
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