Common Ground Common Sense > The Very Slow Thaw by Felix Salmon

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Common Ground Common Sense > Issues that Affect Our Lives > Job Market, Fiscal, and Economic Policies > Job Market, Fiscal, & Economic Issues Archive

Snuffysmith

Oct 14 2008, 03:27 PM

The Very Slow Thaw by Felix Salmon | about: GE, GS, BAC
The credit market is a supertanker, based on trust, not speculation. As such, it takes a very long time to turn around.

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