The BAD Economy Is Still All In Our Heads Right?
Well, read more.
Labels: Economic news, Political economics
posted by KYJurisDoctor at 9:31 PM
Thursday, August 28, 2008
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1 Comments:
Yes. The only reason those bank failures matter to us at all is that as they drain the FDIC dry, the taxpayers are on the hook. That is a result of government mismanagement, not the economy.
We still aren't in a recession. Therefore, it remains a "mental" recession.
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