What comes after the financial “adjustment”?
Earlier in the financial crisis, John Robb at Global Guerrillas wrote about the financial crisis and what’s next:
As anticipated, the global financial system is now in free-fall. The bankruptcy of Lehman, the government take-over of Fannie/Freddie (essentially, a gov’t takeover of the entire US mortgage market), the fire sale of Merrill Lynch (moments before it [...]