And yet continued evidence in support of Hyman Minsky's theories:
"I think that what happened last fall — the drastic market behavior — just put these guys in a position, you know, the cockroaches came out of the wall"
Arnold Kling agrees Minsky may have got at least part of this whole mess right. But he questions why we should bail out the "fools" that fell for such schemes. I think perhaps he forgets that many of those "fools" were hard working Americans that were either unsophisticated investors, or indirect (but nevertheless just as effected) innocent bystanders.
3 comments:
More and more people like to choice buying replica handbags instead of the real one to save money. If you really love designer replica handbags style, and you can not afford one bag cost $1000, the top quality replica designer handbags will be your best choice at the cheapest price. One real bag will cost $1000, but if you spend money on the top quality designer bags , you will get 4 or 5 different styles to suit you go out to different occasions.
tiffany and co, christian louboutin shoes, polo ralph lauren outlet, coach purses, nike free, longchamp handbags, coach factory outlet, louis vuitton outlet, tiffany and co, louis vuitton, gucci outlet, kate spade handbags, louis vuitton outlet, true religion jeans, tory burch outlet, kate spade outlet, prada handbags, air max, michael kors outlet, chanel handbags, burberry outlet, ray ban sunglasses, oakley sunglasses, burberry outlet, prada outlet, nike shoes, michael kors outlet, longchamp outlet, louis vuitton handbags, ray ban sunglasses, coach outlet, jordan shoes, michael kors outlet, louboutin outlet, michael kors outlet, polo ralph lauren outlet, air max, michael kors outlet, michael kors outlet, coach outlet store online, louis vuitton outlet stores, oakley sunglasses cheap, oakley sunglasses, true religion jeans, louboutin, longchamp handbags, louboutin
montre homme, iphone 6 cases, thomas sabo, swarovski crystal, hollister clothing store, swarovski, lancel, rolex watches, moncler, ray ban, wedding dresses, air max, hollister, ugg, ralph lauren, coach outlet store online, pandora jewelry, converse, baseball bats, oakley, louboutin, juicy couture outlet, moncler, gucci, air max, pandora charms, hollister, moncler outlet, timberland boots, louis vuitton, toms shoes, juicy couture outlet, canada goose, vans, parajumpers, moncler, ugg, pandora charms, canada goose, moncler, moncler, links of london, converse shoes, moncler, supra shoes, karen millen
Post a Comment