fuck the capital markets. I am so sick of thm being used as a threat. "We
have to give these people billions so they can pay their employees bonuses,
so the capital markets might get upset."

me so scared.

On Tue, Jul 14, 2009 at 10:06 PM, Robert Munn <[email protected]> wrote:

>
> On Tue, Jul 14, 2009 at 4:54 PM, Dana   wrote:
>
> >
> > how, exactly? I mean, I realize that in your world balanced budgets are
> > "good" and debt is "bad" (except when it funds wars and bonuses at
> > brokerage
> > houses) but exactly how do you think it is preventing a recovery right
> here
> > right now?
> >
>
> exactly what v. pointed out - that we are going to have to go to the well
> once too often and the capital markets are not going to support our debt
> level. just wait, if hyperinflation strikes the current mess will look
> tame.
>
>
> 

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