Here we go again. Maybe this will be the week that historians look back on and say, “That’s when it all started to get better. Geithner came out with his toxic asset bailout plan. China stimulated. Stock markets bottomed. The crisis ended and the world got better and better forever and ever.”
March 23rd, 2009 | Dan Denning | 5 comments | ContinuedAll Posts Tagged With: "bailout plan"
From Bubble Watch to Bust Watch
Any global bailout plan is bound to be a bad one. Because what the world really needs is a correction. And no country wants one. Instead, each nation does its best to push the correction onto its neighbors…
January 23rd, 2009 | Bill Bonner | 4 comments | Continued