The bailout didn't save anything -- except some bank creditors: "It's increasingly en vogue to assert -- as if it's some enlightened corrective to populist anger -- that the bailouts of 2008 were smashing successes that saved the economy. There's little evidence of this, and there's plenty of reason to doubt it. Today, from the Business Insider and investor John Hussman, we get a good analysis...
Monday, December 20, 2010
The bailout didn't save anything -- except some bank creditors
from Beltway Confidential
The bailout didn't save anything -- except some bank creditors: "It's increasingly en vogue to assert -- as if it's some enlightened corrective to populist anger -- that the bailouts of 2008 were smashing successes that saved the economy. There's little evidence of this, and there's plenty of reason to doubt it. Today, from the Business Insider and investor John Hussman, we get a good analysis...
"
The bailout didn't save anything -- except some bank creditors: "It's increasingly en vogue to assert -- as if it's some enlightened corrective to populist anger -- that the bailouts of 2008 were smashing successes that saved the economy. There's little evidence of this, and there's plenty of reason to doubt it. Today, from the Business Insider and investor John Hussman, we get a good analysis...
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