QE worked so very well that 'the smart money' started to bail out.
By QE2 the smart ones had already gone.
When the clueless finally get a clue and head for the exits, it will have been game over for a long while.
Nations are not TBTF, and there is no one who can bail out Uncle Sammy...but, perhaps that was the 'plan' all along.
Cloward and Piven as implemented by that student of Alinsky, our very own "Community Organiser" [read: rabble rouser & troublemaker]?
Friday, 25 March 2011
QE, QE2...........from Rico
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