Rumors of its death have been greatly exaggerated

The WSJ’s Steven Rattner says that the U.S. economy is just fine, thank you — and that the financial innovations now causing heartache for many also managed to spread risk out, which is a good thing. We especially like how he calls out blogging critics as calling plays “from the bleachers.” A ploy to win friends, no doubt.

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3d rendering of a row of luxury townhouses along a street

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