The Economist's Cookbook

Recipes For A More Free Society

  • "The curious task of economics is to demonstrate to men how little they know about what they imagine they can design."

    - F.A. Hayek

This is not good...

Posted by The_Chef On 9:24 PM 1 comments

EDIT: Sorry about the html coding, you will need to click on each of the pictures to get the full view of the graph which I highly recommend.
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Well this doesn't look good... But wait...


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Hmmmm Okay, this is still shitty, but it doesn't look as bad as the first one. Sometimes looking at trends can be misleading.

Still the fact that such an immense amount of borrowing has been going on with the worthless Federal Reserve should be a giant wake up to people.

The government got us into this mess, now they want to bail the banks out and regulate things more. MORE REGULATION IS NOT THE ANSWER! Regulation helped get us into this mess!

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1 Response for the "This is not good..."

  1. AzraelsJudgement says:
    August 5, 2008 at 2:26 PM

    I get so pissed when people tell me we do not have much of any regulation on the financial market I want to smash my head against a wall.

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