Santa “Bailout” Claus

Yeah, yeah, I know, I’m being a “Financial Calvinist” again.

BUT…

you can’t exactly argue that we’re not heading in this direction.

Something else to think about: it’s fairly easy to argue that we got into this situation because our economic policy was designed to remove negative consequences from the economic cycle instead of just letting things run their course. SO, if we do the same via certain bailout strategies that are more aimed at maintaining the status quo, the easiest/most appealing answer, etc, what happens to us in the future?

Posted in Categories: Contributor, Economy, External Research.

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