Hope in Sight--MIT Economists
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slice.mit.edu
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A fall panel of renowned MIT economists painted a pretty gloomy picture of the U.S. and world economies. The recent spring panel pointed to a few bright spots on the economic horizon--and the recent market surge seems to underscore the new optimism.
Insights: • Role of hedge funds in taking over toxic assets. • New interest in purchasing distressed houses. • Tricky balance between stimulus and deficit spending.