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Comments on: I could say, “I told you so,”…
https://norunnyeggs.com/2008/12/i-could-say-i-told-you-so/
The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.Tue, 30 Dec 2008 16:18:28 +0000
hourly
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By: dad29
https://norunnyeggs.com/2008/12/i-could-say-i-told-you-so/comment-page-1/#comment-36845
Tue, 30 Dec 2008 16:18:28 +0000https://norunnyeggs.com/?p=4279#comment-36845Umnnnhhh…Ryan thinks that the Fed can ‘walk back’ its own asset bubble, which actually MAY be true, if they can dispose of the toxic-waste loan portfolios they picked up AND do it in the nick of time.
Anything’s possible, I suppose.
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By: Shoebox
https://norunnyeggs.com/2008/12/i-could-say-i-told-you-so/comment-page-1/#comment-36839
Tue, 30 Dec 2008 02:00:49 +0000https://norunnyeggs.com/?p=4279#comment-36839Given his closing:
“I don’t believe we are heading down this path. But we do need to be careful not to mistake the unique policies the Fed is pursuing now in reaction to the current crisis as a viable template for securing long-term economic growth and fiscal sustainability.”
I don’t think he yet gets that the Fed is well on the path past the point of no return.