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this is starting to creep out, a bit like the family that leaves the dead relative's room, 'just like he left it', as a shrine.
we wouldn't want house prices to fall harder would we?
so we go dust the old paradigm again.

memo to tim, this bubble's popped, trying to stop it deflating is an expensive exercise in futility.

and so it went, slow recovery, my ass. it's a corporate/banking system recovery, and a disaster for everyone else. high dow, people on food stamps.

there should be oscars for this, it reminds me of greenspan at his oiliest. pacino, de niro, brando got nothing on these guys...

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Fri Oct 15th, 2010 at 05:20:48 AM EST
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