Why “This Sucker Is Going Down”
by Charles Hugh-Smith Once the contagion starts spreading, loose money won’t put the fires out. As the nation’s political and economic leaders struggled to contain the 2008 financial meltdown, President George W. Bush famously summed the situation up: “If money doesn’t loosen up, this sucker will go down.” Eleven years into the loose money recovery, this sucker is finally … Read more