Drink a Drop of Caution With That Financial Bullshit
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The New Bull Market Fallacy (via SimoleonSense)
Not So Green Shoots (via Instapundit)
Equities Market a Mess
Toxic Loans Threaten US Banks
Government Drunk, Destructive, and Belligerent on Public Spending
The government can either: (1) adopt fiscal discipline, (2) default on its debts, or (3) use the printing press to inflate away the debt. Given the particularly undisciplined nature of the current reich, expect first inflation and then default. Discipline will not return to government until after a radical re-structuring of Obama / Pelosi's radical restructuring can take place.
Labels: economic depression
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“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell
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