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In other news from New York | 74 comments (74 topical, editorial, 0 hidden)
Re: Recession (4.00 / 3)
Jerome a Paris:
the credit market model is broken and must be fixed

Yup. Credit intermediation is finished in the US.

They'd better try something else.

"The future is already here -- it's just not very evenly distributed" William Gibson

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.

"The future is already here -- it's just not very evenly distributed" William Gibson

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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