Dear Readers, In the March 6, 2009 edition of this missive/blog/column/whatever you want to call it, I listed three "Desperate Measures" the U.S. government might turn to next in its futile attempt to rearrange the ruined economy into something more resembling a perfect world. Suspend "mark...
Posted to
The Room
by
David Galland
on
04-03-2009
Filed under:
Filed under: Interest Rates, Credit Crisis, Inflation, Gold, China, Bailout, Taxes, Bad Bank, International Monetary Fund, Mark to Market, G20, IMF
Dear Reader, The Las Vegas taxi driver was an old fifty-something, with a mullet hanging out of the back of his battered baseball cap and a potato sack gut hanging over his belt. Having driven a cab myself, long ago and far away, I habitually engage in cabbie chat, as I did now. “So, how’s biz?” “Horrible...