Welcome to the ruins. That sound you hear? Just investment banks collapsing . . .
Don't look at me. Y'all elected these sorry bastards.
I mean this should have been obvious decades prior to Black Monday. Some of us, though obviously not enough of us, have been shouting it for decades:
. . . former International Monetary Fund Chief Economist Kenneth Rogoff: "You can't just make money out of thin air like this."
Spiegel Online . . . today.
Tuesday, September 16, 2008
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