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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (698259)2/10/2013 8:00:54 PM
From: combjelly  Read Replies (2) of 1574478
 
It isn't an excuse. It happens to be the facts of the matter.

All was predictable. Which is why Volcker got the job.

The reason we got into the mess was that politicians didn't want the trouble to happen on their watch. Nixon and Ford just kicked that can down the road to try things that were unlikely to work. But they didn't involve a recession, so...
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