Akkam’s Razor

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The Political Component of the Bailout.

September 23rd, 2008 · 1 Comment

First off, the die has been cast. No matter how much money we’ve thrown at the situation, it will simply have the effect of taking your shoes off at the airport - creating an illusion of safety. Post-bailout, we will have $1.3T reasons to feel that all will be well, and that the disaster has passed. But those will be illusions.

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