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Forget Ukraine! The question is: " Is Poland going down??" [36]
The hoverers have swooped, Babinich. The FED will never put its hands up. The Bank of England either. It's an inadvertent redistribution of wealth.
I go with leverage, MBS obfuscation, and tragic government policy as the causes.
realclearmarkets.com/articles/2009/02/the_sec_killed_wall_street_on.html
spectator.org/archives/2009/02/06/the-true-origins-of-this-finan
I have no problems with secularization of anything as long as proper risk analysis is conducted by all parties especially the rating agencies.
It's an inadvertent redistribution of wealth.
Welcome to America... America is about wealth redistribution and not about wealth creation. After all, if you create a dependency you've secured your voting base.
I think that Babinich is pulling your leg to see how much general knowledge he can pull out of you. I think is knows about the US crisis;),
Miranda, you're one smart cookie. Welcome back...:')