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have been full of "reverse schadenfreude" backlash of the

"oh, we saw you had a good time with your comments about AngloSaxon capitaism, but you're hit as badly as we are (hehe, your banks are just as stupid as ours), or even worse (remember, your labor markets are not flexible, so you'll suffer more), and your moment of fun is officially over"

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Oct 10th, 2008 at 08:04:42 AM EST
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[Europe.Is.Still.Doomed™]

If anything it's the system which is doomed. We will get nowhere until Wall St becomes Main St's poodle, and not vice versa, and all of the metrics, news stories, economic theories and debate circle around that.

Non-participatory economies always seem to end in disaster. Cranking up the bubble machine for another round, even one delayed by a few more decades, will not solve the problem.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Oct 11th, 2008 at 07:10:50 AM EST
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