As if fading dollar hegemony wasn't enough: If real reform doesn’t happen, get ready for a fearsome certainty: that markets will eventually correct our unsustainable financial system. They have tried to do so several times over the decades by punishing firms like Continental, Long-Term, and, most recently, Citigroup, as well as the lenders who financed …
Continue reading "“Too Big to Fail:” Another Road to the Insolvency of the United States"
