Wednesday, Mar 19, 2008
Ambrose is good but not good enough.
The Telegraph: Sooner Fed bail-outs than the 1930s revisited
The depression can only be delayed now. It will come - but not until 2011
Posted by sold 2 rent 1 @ 11:14 AM (213 views) Add Comment
1 Comment
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1. Icarus said...
First they pumped air into the bubble, now we hear that it's too late to let the air out slowly - we've got to keep the bubble pumped up for as long as possible. Sorry Ambrose, this thing has to correct. The choice is between a big crash now and a bigger crash later.