Posts Tagged ‘ MBS repo ’

Recession or Socialism, Pick a Poison

Aug 10th, 2010 | By Rob
Recession or Socialism, Pick a Poison

It’s becoming clearer by day that there is little sanity left in the realm that had once been hailed a “free market”. Traders suck up the “good news” of more QE from the Federal Reserve in the U.S., like a junky celebrating one more smack filled syringe he hopes will be soon smuggled in by his big brother. How much longer can the lunacy persist?