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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (107144)1/23/2010 3:26:04 PM
From: mishedlo1 Recommendation  Respond to of 116555
 
Credit Bubbles are always resolved through bankruptcies and foreclosures.

Bingo
Mish



To: Elroy Jetson who wrote (107144)1/23/2010 3:27:20 PM
From: mishedlo4 Recommendations  Read Replies (1) | Respond to of 116555
 
Further Proof Of Insanity In California
globaleconomicanalysis.blogspot.com

If this was a football game, the referees might throw a flag on me for "piling on".

Nonetheless, those needing further proof of how deeply insane some California politicians are can find it in Democrats revive single-payer health care in California. ....

Mish



To: Elroy Jetson who wrote (107144)1/23/2010 3:41:58 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116555
 
Credit Bubbles are always resolved through bankruptcies and foreclosures.

Ok... no problem.. We'll just have every corporation and non-essential government agency lay off all their employees for a year or two..

Do everything possible to get as close to 100% unemployment as we can.

That should achieve your desired result rather quickly.

Hawk


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