Tuesday, April 13, 2010

Current High Unemployment Rate to Remain Same 'Years From Now' Says Santelli

Subject: txt sclm -

"And when you talk about interest rates, listen, I'm going to keep it simple. You asked me where I thought it would be. I think it's a two-tier issue. I'm assuming the economy is going to be mediocre for many years..."

[If we're going to emulate European socialism, we're going to suffer European unemployment rates.]

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