Word: letted
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...think there's anything to the argument that it's just politically impossible to let all these companies go down? That it'd throw so many people out of work that it'd cause social turmoil...
...Let's talk about Wall Street. Is there anything the government should be doing to fix the economic crisis...
...tried for the past two years has been wrong. That's why the crisis continues. The idea that you can solve a problem of too much debt and too much consumption with more debt and more consumption is ludicrous on its face. What they should have done is just let everybody go bankrupt, let the bankruptcy courts reorganize everything. The Japanese tried this approach of propping up zombie banks and zombie companies; it did not work. And it's not going to work in America either...
...people who are starting to say, "Why would I buy something that's being printed as fast as you possibly can print it, why would I buy something where debts are getting higher and higher by the hour, and interest rates are at historic lows?" Let's not pick on the Chinese here...
...precautions. Justino, 46, a chemical engineer, said, "Being far away from Mexico, does not mean this cannot affect us. I am worried for my four children. All are under 14 and classes have not been suspended here. I think prevention is most important, the authorities have the responsibility to let us know what is going on. I think classes should be suspended. My children will not be going to school this Monday, until I know it is safe." His wife Monica, 41, said: "I do not feel comfortable sending the children to school. We usually go to the mall...