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You can make a pretty good case that the U.S. economy won’t truly recover until we finish deleveraging from the credit bubble of the aughts. Stuart Staniford takes a quick look at several methods of estimating how long that’s going to take, and comes up with the following: 15-25 years, 13 years, 10+ years, and 10-15 years. “All of these methods have problems,” he acknowledges, “and you can pick your poison. What they all have in common though is this: deleveraging will take at least a decade, and it could easily take 15-20 years. In the meantime, the economy is likely to be pretty choppy at best.”

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LESS DREADING, MORE DOING

This is the rubber-meets-road moment: the early days in our first fundraising drive since we took a big swing and merged with CIR to bring fearless investigative reporting to the internet, radio, video, and everywhere else that people need an antidote to lies and propaganda.

Donations have started slow, and we hope that explaining, level-headedly, why your support really is everything for our reporting will make a difference. Learn more in “Less Dreading, More Doing,” or in this 2:28 video about our merger (that literally just won an award), and please pitch in if you can right now.

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