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Wayne (173.191.157.229) on 11/28/2011 - 8:00 a.m. says: ( 94 views , 1 likes )

"I am thankful for the perfect storm that was 2010 . . . "

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sometimes the perfect storm blows the other direction . . .

We'll see next year if all the angst is warranted about the coaches and such.

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There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
Human Action - Mises

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