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But the financial markets do not see it. How can we tell? Because those markets are willing, today, to lend unlimited sums to the Federal Government on supremel
by ced 18y ago
But the financial markets do not see it. How can we tell? Because those markets are willing, today, to lend unlimited sums to the Federal Government on supremely favorable terms.
Given how the "markets" completely failed to foresee the current crisis (otherwise there wouldn't be one to begin with), this is not much of an argument.