tag:blogger.com,1999:blog-7905515.post6188652519778141909..comments2024-03-14T11:09:32.759-05:00Comments on Falkenblog: Economists are Here to Help (heh)Eric Falkensteinhttp://www.blogger.com/profile/07243687157322033496noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7905515.post-87190201975751918652009-04-06T22:26:00.000-05:002009-04-06T22:26:00.000-05:00Scott and Bill Woolsey have some comments about yo...Scott and Bill Woolsey have some comments about your post starting here:<BR/>http://blogsandwikis.bentley.edu/themoneyillusion/?p=874#comment-1599<BR/><BR/>(read the last paragraph of that comment)Dilipnoreply@blogger.comtag:blogger.com,1999:blog-7905515.post-85523499064393566222009-04-06T04:13:00.000-05:002009-04-06T04:13:00.000-05:00Erm, Eric, are you really pinning your hopes on Be...Erm, Eric, are you really pinning your hopes on Bernanke at this point? What he has proven so far is that he excels at creating zombie banks - I am waiting to catch some article on talent leaving Shittygroup in order to post it along with a picture/clip of a zombie groaning "Braaaainssss!"<BR/><BR/>What these folks will not get through their thick heads is that banks are lending, although not quite as much as they used to, which is a good thing. What is not lending is the securitization markets - they are a charred corpse. The banks cannot pick up that slack. American Express will have to re-learn to manage credit card loans, and Bank of America - mortgage portfolios, and Americans will need to learn to live with a bit less debt. The horror.Plamenhttps://www.blogger.com/profile/14209486398849262374noreply@blogger.com