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Abby Normal ?
Household Normality"You can't drink yourself sober and you can't leverage your way out of excess leverage." Barry Ritholtz Barry is right, but it isn't stopping the Obama administration from trying to solve our hangover with a lot more of the dog that bit ya. The current policy of borrowing in order to stimulate the economy is warped. Providing more easy credit so poor people can buy Mercedes SUVs will not solve our problems. The brilliant Doug Casey clearly understands the policy that should be in effect: Posted by: Besoeker 2009-06-14 |
| http://www.rantburg.com/poparticle.php?ID=271976 |