Yesterday I posted "WTF" where I suggested we might just let them (banks, huge corporations, etc.) go down the tubes and then rebuild a new system.
Today Nobel winner Joseph stiglitz made a "modest proposal"
"..."The government should allow every distressed bank to go bankrupt and set up a fresh banking system under temporary state control rather than cripple the country by propping up a corrupt edifice."
Methinks he makes sense. Unfortunately, our entrenched oligarchs will not allow that to happen -- even if it actually might end up "saving their bacon" (they are PIGS, after all).
Sunday Night Futures
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Weekend:
• Schedule for Week of April 28, 2024
Monday:
• At 10:30 AM ET, *Dallas Fed Survey of Manufacturing Activity* for April.
From CNBC: Pre-Market Dat...
3 hours ago
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