Quote:
Originally Posted by 8ballrollin
Now I really know you don't believe what you're writing. Why would any good Torrey give a f' what the Germans think about how we make or lose our money.
And you need to bust out your Friedman again, because the moral hazard of this crisis has nothing to do with short vs. long term profits - it's all about risk being divorced from the lender.
|
There's moral hazard all over the place.
__________________
Interrupt all you like. We're involved in a complicated story here, and not everything is quite what it seems to be.
—Paul Auster
|