) - At the CEO Summit executives are saying that the economy will be flat in 2010 compared with 2009 and that China isn't in a bubble.

But Jim Cramer said during his

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segment on CNBC that these CEOs are being too cautious. "We will see more stimulus from the United States. There will be steel demand with inventories down and a drilling wave."

Cramer is placing his faith in Ben Bernanke and that there will be more job stimulus. "The Republican Party will make a resurgence....and make Washington more relevant."


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is plunging more than 7% this afternoon to a four-month low after its $20 billion stock offering was a disappointment.

Cramer said "you must be in on this deal. Citigroup is the only $3 call I would make."

"The government decided they would play the market and passed up a multi-billion opportunity for tax payers," he said.

Cramer said now


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must raise capital. "Both could be interesting after the deals are done," he said. "

Wells Fargo

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said they would never do a deal, and last I looked they did one."


Reported by Jeanine Poggi in New York.

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