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Showing posts with label Steve Waldman. Show all posts
Showing posts with label Steve Waldman. Show all posts
Wednesday, November 30, 2011

Bank Bailouts Were a Comprehensive Assumption of Costly Downside Risks by the State

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In other words, a form of fascism. So says Steve Waldman at interfluidity.com, here : Cash is not king in financial markets. Risk is. The go...
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