Citizen Harrison is asking for thoughts on potential fixes for our economic condition:
My prescription -
Fiscal insanity. Depressed equities and bubble bonds.
Drop and roll ... keep long bonds as strong as possible as long as possible to lock in cheap financing.
Invest our pesos in that which gives us the greatest 'bang' in future GDP.
Hopefully Obama Smartypants can make that happen.
Wednesday, November 26, 2008
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