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Where savings come from

Summary:
Interesting comment from a PhD economist. Seemed to completely lack an understanding of where savings come from.

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Interesting comment from a PhD economist. Seemed to completely lack an understanding of where savings come from.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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