Monthly Archive: September 2008

What if they go to plan B? 0

What if they go to plan B?

What if in response to the overwhelming public opposition, which is surprising even me, Team Banker yanks the bailout? The market will crash, bailout or no bailout, but with no bailout, they can say...

The bailout blackmail bluff. 0

The bailout blackmail bluff.

The bluff is not that nothing will happen to the economy if the bailout doesn’t pass, but that the bailout will do nothing to stop the depression (but lots to deepen it). —- Scare...