Bernanke said something like "approve bailout or risk recession" Woooo......so, so, s0000 scary! I am totally afraid of recession!
Wait a minute, I thought Hank and Ben were saying the economic system will collapse into a depression if this bailout plan did not get passed by the congress. Now, its only about have a high risk of recession? No need to bailout then. There has been several recessions and people are still alive.
Magnus: China Must Reform or Bust - China's debt markets are looking more and more like the West, circa 2007. And it's not clear the government can intervene as successfully.
1 hour ago