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comment by b_b
b_b  ·  3004 days ago  ·  link  ·    ·  parent  ·  post: Weak American growth is probably a blip | The Economist

Making the best out of a bad situation would be if the bond bubble bursts, and our leaders use it as an opportunity to generate some badly needed reform. Vast reforms can only be accomplished in a time of crisis, and the opportunity was squandered in favor of the ACA last time around.





Isherwood  ·  3003 days ago  ·  link  ·  

Is there any place that has a brief history of the bond market leading to today? It's talked about a lot, but I don't quite get it.

mk  ·  3004 days ago  ·  link  ·  

Well, at least this time the 'irresponsible borrowers' were companies.