Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (71491)	11/22/2007 12:23:40 AM
From: RealMuLan	Read Replies (1) of 116555

[what a "wonderful" system!]--Wall Street's socialist turn Satyajit Das businessspectator.com.au In good times, financial markets embrace capitalism. In bad times, financial markets re-discover socialism. Currently, the US Federal Reserve is engaged in a dangerous strategy to look after its Wall Street friends. ... The banks continue to privatise gains and socialise losses. Socialism for Wall Street will prevail, once again.

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