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Monday, February 11, 2013 - 5:32 PM
Global "Credit Supernova" -- Turning 2013 Bull To Bear
From MarketWatch.com:
Global ‘credit supernova’ turns 2013 bull to bear - Paul B. Farrell - MarketWatch
Paul Farrell is not exactly my favorite person; but I like his comments below:
"Unfortunately even Binder doubts his 10 commandments will ever become the law of the land. Maybe if the Bernanke Credit Supernova ignites the world in a giant fireball bringing down the global economy and financial markets. Maybe that Credit Supernova will finally wake us up.
Fat chance, we’re all just human. And humans will forget again, right? Remember how quickly we forgot Hegel’s warning: “What experience and history teaches us is that people and governments have never learned anything from history.” Never? Never."
Global ‘credit supernova’ turns 2013 bull to bear - Paul B. Farrell - MarketWatch
Paul Farrell is not exactly my favorite person; but I like his comments below:
"Unfortunately even Binder doubts his 10 commandments will ever become the law of the land. Maybe if the Bernanke Credit Supernova ignites the world in a giant fireball bringing down the global economy and financial markets. Maybe that Credit Supernova will finally wake us up.
Fat chance, we’re all just human. And humans will forget again, right? Remember how quickly we forgot Hegel’s warning: “What experience and history teaches us is that people and governments have never learned anything from history.” Never? Never."
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