I believe you’re right, and I believe all the ‘crisis averted, folks’ talk in the mainstream press is just the propagandized narrative they’re trying to sell so that us ‘peasants’ don’t panic. There’s all kinds of shakiness in the financial news; the Wall Street Journal has articles today about Charles Schwab assuring its clients that the firm will be able to weather the losses in its bonds’ valuations, and macro hedge funds are in trouble because of the financial turmoil. Shakiness & unease!
Incidentally, if we’re playing the game of Credit Suisse being Bear Stearns, who do you see as Merrill Lynch?
I believe you’re right, and I believe all the ‘crisis averted, folks’ talk in the mainstream press is just the propagandized narrative they’re trying to sell so that us ‘peasants’ don’t panic. There’s all kinds of shakiness in the financial news; the Wall Street Journal has articles today about Charles Schwab assuring its clients that the firm will be able to weather the losses in its bonds’ valuations, and macro hedge funds are in trouble because of the financial turmoil. Shakiness & unease!
Incidentally, if we’re playing the game of Credit Suisse being Bear Stearns, who do you see as Merrill Lynch?