> containing the economic damage requires coordinated monetary and fiscal policy targeted more at specific cases of debt/liquidity-constrained entities rather t

> containing the economic damage requires coordinated monetary and fiscal policy targeted more at specific cases of debt/liquidity-constrained entities rather than more blanket cuts in rates and broad increases in liquidity. more bailouts? how about letting them take the consequences of their actions? they would have taken the upside so should accept the downside too instead of shifting it to taxpayers. how else will markets stay healthy if evolution is thwarted