2nd post of the day.
i haven't posted from mish lately, but he's got a plan to save the fed's image. he has this because the fed is investing in actually improving their image. i think bernanke should shave his beard and start wearing stone-washed jordache.
here's more on fractional reserve lending and how it, and the fiat economy, are undermining our banking/financial institutions.
also, the real worry i have, besides massive infectious disease and deepening socio-economic divisions, is the great debt threat. it's coming if something isn't done and the worst thing is, to do something about it, is going to hurt. all of us.
Tuesday, June 9, 2009
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment