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Further reading

Elsewhere on Tuesday,

- “The debt intensity of corporate profitability was huge. At the top in 2006 it took an additional $1.3 trillion in household debt to generate an additional $300 billion in profits.”

Collateral damage.

- Angelo’s ashes.

- Blackberry etiquette.

- “What Japan needs is more bankruptcies, not fewer.”

- “If the states aren’t prospering the nation is not either.”

- Harvard cuts risk and its bond managers.

- The bifurcated Renaissance.

- Another finance blogger joins Reuters.

- Iran-I-am.

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