Saturday, May 14, 2011

What Happened to Our Clarity

Paul Krugman - How the Financial Crisis Was Wasted - NYTimes.com:

"In a way, I miss the months that followed Lehman’s failure. O.K., not really — but if it was a time of terror, it was also a time of clarity. The whole world was going to hell in a handbasket, and policy makers everywhere shared a common goal: stopping the plunge. "

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