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Given his record over the last few years, I wouldn't bet money against Roubini.

I think the world is finally starting to see what's coming.  I think people -- even typically corrupt and/or stupid people like Paulson and Bush -- are starting to understand that the banking system may collapse and send us into a second Great Depression, and that more radical action has to be taken.

The headline over at MSNBC right now is downright Jeromeian: "Is this the end of American capitalism?"  Replace "American" with "Anglo," and you could've ripped that headline straight off a blog.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Fri Oct 10th, 2008 at 07:37:24 AM EST
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I read a headline on a Danish newspaper saying that even crony-capitalism cheerleader Fukoyama says that this is the end for laissez-faire.

It would appear that the news of History's death has been greatly exaggerated.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Oct 11th, 2008 at 02:04:23 PM EST
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