regeya

'Bailouts' Are Misunderstood

"Cost to whom?"

Cost to shareholders who lose their investment, cost to "consumers" in the form of lost jobs, cost to retail when "consumers" no longer have jobs...

This isn't rocket science. When big companies fail, there's a domino effect.

Current Market Turmoil: You Can’t Explain 'Stupid'

Ponzi Scheme, feel free to send as much of your worthless paper to me as possible!

Honestly, is it just me or do the von Mises followers sound like anti-Marxists?