Hussman on Bailouts of Poor Stewards of Capital
June 8th, 2010
“For the US, it is this understanding – that stimulus has merely been used to maintain a malinvested status quo ante – that is causing people to turn to austerity in disgust. Team Obama is still talking about stimulus as if there is popular support for such measures. There would be if Hussman’s take on the bailouts weren’t correct.
Read more: http://www.creditwritedowns.com/2010/06/hussman-on-bailouts-of-poor-stewards-of-capital.html#ixzz0qH4zWhxI”
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