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.
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
11 hours ago
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