Quote of the week –

“The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending.” –
Larry Summers

This is like saying that while Obesity is caused by McDonalds, Twinkee’s & Cake, the only way to cure it is with more McDonalds, Twinkee’s & Cake.

This jackal should be put out to pasture for good

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About bohicaman

Former Trader, Risk Manager, CRO, COO, etc. Global experience in all forms of listed and OTC derivative markets Citizen of the world Resident of the USA Favorite color is blue
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