Where's the Nationalization Debate? [View article]
Just wait for the next leg down for financials and the nationalization talk will be back on the table. There is another wave of mortgage defaults ready to break and consumer credit is deteriorating rapidly. The government types will lose patience with maintaining a veneer of private enterprise. I bet the only thing holding them back now is their fear of screwing up.
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Just wait for the next leg down for financials and the nationalization talk will be back on the table. There is another wave of mortgage defaults ready to break and consumer credit is deteriorating rapidly. The government types will lose patience with maintaining a veneer of private enterprise. I bet the only thing holding them back now is their fear of screwing up.
Jan 29 09:36 am
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