All Posts Tagged With: "MITTS"

Fight fire with fire! All over the world people suffer from the mistakes they made in the go-go years. They spent too much. They borrowed too much. They paid too much. Now, all those bad debts, bad investments, and bad balance sheets are burning up – scorching fingers all over the planet. So what do the feds do to try to fix this problem? Fight fire with fire! Throw some more tinder onto the blaze…get people to borrow, spend and speculate even more!…

January 16th, 2009 | Bill Bonner | 2 comments | Continued