The Mudcat Café TM
Thread #148840 Message #3460252
Posted By: Ron Davies
01-Jan-13 - 11:45 PM
Thread Name: BS: Fiscal Cliff
Subject: RE: BS: Fiscal Cliff
Not to mention the moaning--on both sides--that it is not perfect.
Sorry, people, it was the only deal in town at this point.
And, as I've indicated earlier, financial markets are manic-depressive enough; you don't really want to encourage it if you have any sense, which I think Mudcatters do (perhaps I'm wrong on that). Believe it or not, such markets can have a direct impact even on hardcore Lefties--especially through soaring interest rates and the dislocations resulting from that.