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Danny Rogers
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In my opinion, the "real" unemployment rate in the UK is something like 20%.... 
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U.S. recovery will only begin to become meaningfully evident when bureaucracy at all levels is reduced. High taxes, red tape, regulation, policy complexity, uncertainty and so on... these all fuel mediocrity and tepid growth. It is fascinating that we are recovering as decently as we are given all of the above. 
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In my opinion, the Non-performing assets in the banking system will soon be wiped out by a government initiative aimed at cleaning up the balance sheets of all banks.
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