…when they are relying on consumers replacing old cars to stimulate the economy, it seems to me they’ve played all their cards. Also from the article: of course the banks are well capitalized; the gov’t took our taxpayer dollars and stuffed them in their vaults.
Gee, and Lawrance Summers (if I understand these things correctly) is the guy Obama appointed to paint a rosy picture of these things.
Seems I have had some of the same impressions about the economy over the past few months.
Crypto-Corinthian on Economics
(If the above doesn’t turn into a link, this is where you should go:
http://crypto-corinthian.blogspot.com/search/label/Economics
TRex