Current Events — HabitableZone

Current Events » in reply to re: my house is paid for

Talk about cold-blooded

Uh, how do you profit from a depression in an economy as massively interconnected as this one?

Seriously, that cuts right to the heart of the argument that failure to do the bailout will bring ruin crashing down upon all of our sorry heads. Eighty years ago global trade was at arm's length and the dominos still fell around the world--we tend to forget that it wasn't just America that suffered a Great Depression. How could it possibly be less catastrophic in this damn "global economy" today?

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