Monday, September 15, 2008

This seems bad



Nothing to worry about, as Krugman says:
Will the U.S. financial system collapse today, or maybe over the next few days? I don’t think so — but I’m nowhere near certain.

Whew!

Next time a libertarian tries to tell you about the wonders of a free market, remember this, and that if out financial system doesn't collapse it'll be because we, the taxpayers, bailed their dumb irresponsible asses out... again.