Now You Know He Was Right, Part II
10% + Inflation
Artificial Interest Rates
Consumer Credit / Irrationally Exuberant Consumption
$1,000,000,000,000 Bubble Debt Write-offs
Nationalization of Financial Services
Banks Too Big To Fail / Social Security Too Big To Save
Where's Your Money?
If It's Still There Tomorrow, Will It Buy A Gallon Of Gas?
~ ~ ~ ~ ~
Or to put it another way, Charles Osgood's Sunday Morning, this morning: