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The Path to the Pegasus Letter: Capitalism sold for $250 Billion

By Apollo 86 days ago from http://vigltd.blogspot.com

Another sad day for free market capitalism:

It was sold for $250 Billion!

Ignorance towards the real issue, yes the ONE issue, which has caused the current crisis will lead to more steps in the wrong direction. Every time a short-term solution is thrown at a long-term problem the situation will get worse.

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Tags: bail-out credit markets economy equity markets financial system investments liabilites meltdown mutual funds recession wall street


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