California's Budget Crisis
California is battling one of the worst budget crises in the nation. David Crane, special economics adviser to Gov. Arnold Schwarzenegger, discusses the situation with CNBC.
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Deflation or Inflation?
Which is the bigger threat? Vince Reinhart, former director at the FOMC; Jim Lacamp, of Macroportfolio Advisors; Jim Iuorio, of TJM Institutional Services; Lee Munson, of Portfolio Asset Mgmt.; and the CNBC news team discuss.
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ECB Holds Rates Steady
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