The giant sucking sound of US private sector credit contraction
My quote comes not from the article (which certainly is very quotable), but rather from the comments. Here's what commenter John Ryskamp has to say.
I trust no one is stupid enough to believe that the "stimulus" and "bailout" nonsense is evidence of government "engaging" with the society. It is simply corporatist looting--backing up the powerful in the society in any way they can be backed up.
The society? It will continue to sink. It is sick--no government wants to be a part of that.
Tuesday: Small Business Optimism
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Worst
24 Hours For Rates So Far This Year
While there was certainly some volatility sur...
5 hours ago
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