Personally, I don't think the yanks should have bailed Fannie and Freddie. However, isn't it interesting to contrast the market reaction between a
shaved chimp rescuing their debt-ridden mortgagers and the flunking cyst rescuing our debt-ridden mortgager?
You mean, their Stock Exchange didn't fall over....?
ReplyDeletefor the second biggest stock exchange in the world it's pretty poor
ReplyDeleteWelcome to the 2013 London Olympic Games.