Scott Sambucci

Cheap Credit Means Crummy Companies - Fed Researcher

Hi Paul - Thanks for posting. There's an economic concept known as "the Tragedy of the Commons" that can be related to the current credit market and government "stimulus" programs in place. This definitely qualifies.... I did some research on this after reading about how California, Ohio, and Illinois were going after infrastructure funding:

freemarketvoice.org/20.../