THE SNUGBUS Archive

Gee, I wonder what that'll do to the credit markets..

...and how that will filter into equity markets. Meanwhile, there will be nowhere for consumer financing rates to go but up. Soiunds like a great recipe to make the banks rich while everybody else gets fucked. Hard. How economically stimulating is that if you're not a bank? Didn't some insignificant political figure warn us about these things a few hundred years ago?

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