The Economic Panic of 2009
Feb 13th, 2009 | By Bill Bonner | Category: Politics & EconomicsPoor Barack. His whole presidency rests on getting this bailout thing right. If he does, he’ll be a hero. If he doesn’t, the economy will go into a Japan-like slump and he’ll spend his entire time in office dealing with people looking for handouts – zombie banks, comatose corporations, and desperate households.