All posts tagged "government bailout"

  • Ken Heebner: Government Efforts, "Brilliant"

    Ken Heebner, widely hailed money manager, is very pleased with the efforts of the government to stabilize the crumbling financial system, saying the efforts, “should make everyone feel confident.” Source: http://www.al.com/business/birminghamnews/junderwood.ssf?/base/business/122198498555380.xml&coll=2 ***

    • Posted September 21, 2008
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  • The Ultimate Vicious Cycle

    Borrowers can’t pay their debts. Government bailouts. Dollar falls. Prices rise. More borrowers can’t pay their debts. More Government bailouts. Dollar falls more. Prices rise more. Cue to get your wheelbarrows.

    • Posted March 30, 2008
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