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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Melting into Air. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.
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Melting into Air by possibly noteworthy at 7:18 am EST, Nov 6, 2008 |
John Lanchester: It seems loopy that the cure for a disaster caused by a headlong dash in the direction of ever freer capital markets should be even freer capital markets; but that is part of Robert Shiller’s point. When it comes to the free global movement of capital, there is no plan B.
From the archive: Dive into the sea, or stay away.
"I have no Plan B," Mr. McCain said.
That the Internet and housing hyperinflations transpired within a period of ten years, each creating trillions of dollars in fake wealth, is, I believe, only the beginning. There will and must be many more such booms, for without them the economy of the United States can no longer function.
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