Tuesday, May 1, 2012

@ - - - 5/1/12 economics +

Front line again.

The U.S. banks will not be allowed to fail dramatically.
They will be purchased by the government and executed with care.
Debt will not be forgiven without formal bankruptcy.

Things financial are about to be very messy.

The world will not end.

Beyond that it is anybody's guess.

My guess is that we will extend and pretend into November.

The next congress is going to have an emergency from its start.

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