Fighting This Correction Will Draw Out The Pain
Nov 7th, 2008 | By Bill Bonner | Category: Politics & EconomicsNo-one likes an economic correction, says Bill Bonner. But they are both “essential and helpful.” If left to its own devices, the market will sort out its own mess. But the Fed will never let this happen. And just like Japan in the 90’s, this will only draw out the suffering.