Wednesday, August 31, 2011

A Second Credit Crash Is Totally Possible

Jon Markman, MarketWatch
Fed Chairman Ben Bernanke tried his best to act like the perfect host in Wyoming last week, telling a symposium of central bankers and the news media that all was well in the world, everything was under control, and there was no need for new measures. Git along, little dogies, and don’t look behind the curtain.Yet something seemed wrong in the forced bonhomie Bernanke tried to project with his Continental counterpart, Jean-Claude Trichet — and I’m not even talking about the mismatched shirt and sweater the tall Frenchman sported.

Source: http://www.realclearpolitics.com/2011/08/31/a_second_credit_crash_is_totally_possible_262624.html

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