"But Schiff has a few suggestions."
his suggestions would be good, if his recommendations were followed. but mass bankruptcy and foreclosure ain't gonna happen. not easily, at least.
i'm amazed by all these bears, who were as bearish as i have been over the years, who now have nothing constructive to say beyond sticking to their principles and throwing up their hands and saying "this is how economics works, give up".
that's not acceptable fiscal policy. it can't happen. at least not in so crass a way.
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