please read this: http://www.slate.com/id/2172872/
It's absurd to demand rate cuts with global GDP pushing 4.5% I believe in risk and reward wrt. trading/investing and whoever is in trouble these days should thank themselves and stop whining! Some quant funds are down 20-30% in August and quite frankly, I don't give a damn about the number of PhDs involved. Losing that much in a month is unacceptable...period!
Bush's legacy if he bails out homeowners: the president who kicked off a period of prolonged US deflation. Poor Hilary...
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