It would appear that Obama and Geithner have indeed decided on the Zombie Bank scenerio for US banking. If this doesn't scare the shit out of you, it should. It is exactly the wrong way to go. We may be doomed to a mess like that of Japan, which started for them in 1989 and from which they still have not emerged 20 years later. The horror, the horror.
21 March 2009
No comments:
Post a Comment