are we close to collapse?# Stock
b*p
1 楼
"If The Economy Is So Fragile That Government Can't Allow Failure Then We
Are Indeed Close To Collapse"
For if you must rescue everything, then ultimately you will be able to
rescue nothing.
When an economist tells them that growing the nation's debt over the past 12
years from $6 trillion to $16 trillion is not a problem, and that doubling
it again will still not be a problem, this simply does not compute.
And when you tell the populace that we can all enjoy a free lunch of
extremely low interest rates, massive Fed purchases of mounting treasury
issuance, trillions of dollars of expansion in the Fed's balance sheet, and
huge deficits far into the future, they are highly skeptical not because
they know precisely what will happen but because they are sure that no one
else--even, or perhaps especially, the policymakers—does either.
http://www.zerohedge.com/news/2013-05-03/seth-klarman-if-econom
Are Indeed Close To Collapse"
For if you must rescue everything, then ultimately you will be able to
rescue nothing.
When an economist tells them that growing the nation's debt over the past 12
years from $6 trillion to $16 trillion is not a problem, and that doubling
it again will still not be a problem, this simply does not compute.
And when you tell the populace that we can all enjoy a free lunch of
extremely low interest rates, massive Fed purchases of mounting treasury
issuance, trillions of dollars of expansion in the Fed's balance sheet, and
huge deficits far into the future, they are highly skeptical not because
they know precisely what will happen but because they are sure that no one
else--even, or perhaps especially, the policymakers—does either.
http://www.zerohedge.com/news/2013-05-03/seth-klarman-if-econom
