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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (105732)3/9/2009 4:02:01 PM
From: Steve Lokness  Read Replies (2) | Respond to of 541786
 
John;

The WSJ had a longish article today on the increased vulnerability of the corporate bond market.

So let a few bonds crumble. Why not? Won't we have a better financial health at the end of the day if we let that happen? If we are in a world where no bonds are able to fail, haven't we move past capitalism?

steve