Submitted by:
Jasonik

---

---

Subscribe to this Author

---

Paste this code into your site to promote this story!
<a href="http://www.breakthematrix.com/Economy/FAR-FROM-NORMAL" onClick="document.images["breakTheMatrix"].src='http://www.breakthematrix.com/badge/badge.php?cid=8524';return false"><img name="breakTheMatrix" src="http://www.breakthematrix.com/badge/badge.php?cid=8524" border="0" /></a>

http://jameshowardkunstler.typepad.com/clusterfuck_nation/2008/05/far-from-normal.html

"Those were the words that Fed chairman Ben Bernanke used to describe the financial markets (and by extension the economy) these heady spring days when everybody else with a rostrum, it seems, has pronounced the so-called liquidity crisis contained. There's a great wish for American finance to return to business-as-usual -- raking in fantastic fees for innovating new modes of tradable paper, and engineering mergers and buy-outs that generate huge fees plus $100 million kiss-offs for corporate CEOs in the noble struggle to dismantle America's productive capacity -- but apparently events are still out of hand..."

Read »

Created 20 weeks 2 days ago
Made popular 20 weeks 2 days ago