Posted by: mikecane | March 26, 2009

Drudge Red Headline Feb 20 2009


How many of you ever imagined this happening? Well, it will. CitiGroup is the biggest toxic waste dump mankind has ever seen. Seizing it — or nationalizing it — won’t help. Who is going to buy assets when there’s simply no money to spend or spare? And so Depression 2.0 continues to grind grind grind.

— originally published on Flickr February 20, 2009