It isn't just me that sees problems ahead (Click here)
I’ve been pessimistic about the long-term prospects of this recovery since the US decided to take the Japanese route (not forcing banks to recognize the full extent of their losses and then throwing taxpayer money at the problem and flooring interest rates in hopes that banks earn they way out) towards dealing with the banking system instead of the Swedish route.
Eventually that incorrect decision of NOT letting capitalism work will come back to haunt us in my opinion.
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rationalcapitalistspeculator posted this
