Wednesday, February 25, 2009

Fed is committed to propping up banks

Voltron says: looks like the government intends to repeat the mistakes of Japan in the 90s.  "Lost Decade" here we come.

http://globaleconomicanalysis.blogspot.com/2009/02/bernanke-admits-fed-is-clueless-and.html
http://krugman.blogs.nytimes.com/2009/02/25/all-the-presidents-zombies/
http://www.bloomberg.com/apps/news?pid=20601087&sid=aF55puGwJuS0&refer=worldwide

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