Ok, make that just “Unsettling”
I thank unsolicitedanalysis for his clarification.
In truth, my dissatisfaction came from my inability to find data to support one explanation over another. Additionally, I consider “dumb money” in credit markets to be considerably smarter than “dumb money” in equity markets. If there’s that much money in euros that needs to be parked somewhere, the outrage for the bailouts by the have-nots should be even greater.
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cnjspeaks reblogged this from calamityjam13 and added:
Or enough bailouts so that nobody ever defaults. I think the hope is that in the absence of defaults and in the presence...
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calamityjam13 reblogged this from crazynutjob and added:
prevent deflation, right?
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crazynutjob posted this
