European Tribune - Comments - Panic! Panic now!

Panic! Panic now! | 104 comments (104 topical, 0 editorial, 0 hidden)

Yup. Japan 2.0. In Spades, with added inflation.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Tue Jan 22nd, 2008 at 09:16:01 AM EST
[ Parent ]

Re: Panic! Panic now! (4.00 / 2)

And with no savings.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Tue Jan 22nd, 2008 at 09:17:04 AM EST
[ Parent ]

Re: Panic! Panic now! (4.00 / 3)

And a populace generally not inclined to sacrifice or savings, and, due to years of propaganda from the right, probably convinced the private sector can handle this tsunami alone. I'll lay even odds no public works projects, no tax refunds to the poor or middle class....Instead we'll get tax cuts for the rich and everyone else gets screwed.

Should be interesting...like the Chinese curse...

by delicatemonster (delicatemons@delicatemonster.com) on Tue Jan 22nd, 2008 at 11:54:01 AM EST
[ Parent ]

Panic! Panic now! | 104 comments (104 topical, 0 editorial, 0 hidden)

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