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This time from And the Cow Goes Moo, who dares to ponder what will happen after the recession. If we can spend a billion here to save a billion in the future, that seems like a great deal to me. If we can spend $10 billion modernizing our infrastructure to reduce energy loss in [...] Sue comments that I must have drank the Obama Koolaid, based on my previous post, Disaster Chic, which pondered that the current TEOTWAWKI (The End Of The World As We Know It) meme perhaps “has done got out of hand.” Other commenters seem to think we’d all have a jolly good time living with [...] Yes, the news is bad, but Lordy, people seem to be outdoing each other in predicting how horrible things will be. First, some examples of the current problems: The Russian bond market is dead. Their companies can no longer borrow on international markets. Yields are approaching 80%, up from 12% last year. This is [...] |  | ||||
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