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ECONOMEX 2009

Mexico: comments and analysis on what's affecting the country's economy and politics

Tuesday, February 17, 2009

The US$787 billion stimulus package

Larry Summers, the White House's chief economic adviser, started out describing the stimulus as “timely, targeted and temporary”. He now describes it as “speedy, substantial and sustained.”
Posted by Deborah Riner at 4:41 PM

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      • What's been spent so far
      • Mexico's balance of payments for 2008
      • Bad and getting worse...
      • More on the "N" word...
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      • Banco de Mexico cuts Mexico's reference rate
      • The US$787 billion stimulus package
      • Banks fail, if not all the time, with some regularity
      • What Adam Smith had to say...
      • From the head of the IMF...
      • Oops
      • What's that asset worth? (continued)
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