Sunday, July 18, 2010


a hundred times this...

not for the discussion of warren... but for the 'this is what treasury is doing' - it's succinct, easy to read and understand, and damnably accurate.

If the US were playing this game in a vacuum - maybe they could pull it off in a half dozen years or so... but china is slowly acquiring real assets the world over - and europe is right at the verge of a massive crash... these policies, in the context of that backdrop, are a truly terrible idea.

They should have nationalized the damned banks

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