It is a fascinating feature of this great financial disaster that everyone — or at least everyone sensible — is confused.
It is a fascinating feature of this great financial disaster that everyone — or at least everyone sensible — is confused. I do not mean the basic, widespread confusion about terms and processes — about what is short-selling or a derivative, what are monolines, HELOCS, etc.
Disagree with half of it, enjoy reading all of it
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