The 800lb bear in the room
August 20, 2008 at 21:57 PM EDT
[Skip to the end] There’s nothing credit issues can do to GDP that fiscal policy can’t handle. Congress has seemingly figured that out and probably the rest of the world as well as evidenced by the new proposed fiscal packages popping up around the world. Yes, we can lose a bank or two, and lending standards tighten further, [...]