European Tribune - Comments - In other news from New York

In other news from New York | 74 comments (74 topical, 0 editorial, 0 hidden)

the credit market model is broken and must be fixed

Yup. Credit intermediation is finished in the US.

They'd better try something else.

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

by ChrisCook (cojockathotmaildotcom) on Mon Mar 10th, 2008 at 07:49:20 PM EST
[ Parent ]

Re: Recession (none / 0)

Perhaps--but at what level do they know this?

Capitalism searches out the darkest corners of human potential, and mainlines them.

by geezer in Paris (risico at wanadoo(flypoop)fr) on Wed Mar 12th, 2008 at 06:40:45 AM EST
[ Parent ]

Re: Recession (none / 0)

They are probably beginning to suspect it, I think.

Give it six months and it will be getting pretty clear to everyone.

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

by ChrisCook (cojockathotmaildotcom) on Wed Mar 12th, 2008 at 07:17:45 AM EST
[ Parent ]

In other news from New York | 74 comments (74 topical, 0 editorial, 0 hidden)

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