Quote:
Originally Posted by Icky Thump
Correct. Pretty good article.
>>Rugged individualism and capitalism on the way up, privatizing the gains — and then socialism/cronyism on the way down as we socialize the losses with bailouts.
Say no to bailouts.
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We’ve already said yes to bailouts. $500 bil worth. But it’s not nearly enough.
But don’t worry... The market is going to get sawed in half soon.
And it’s going to be seriously satisfying.
The people who think they can escape this are the best. Engaged in the most delusional thinking... that’ll they’ll survive a total pullback of 70% of the economy (consumers are that much of economy).
They won’t go to the guillotine of insolvency with the snide aplomb of the French aristocracy in that revolution. They’ll cry and scream for more Fed bazookas and go through the 5 stages of grief in a brutal crash course. They will go down scratching, rat-like, desperate.
Let. Them. Burn. Reset time.
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