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Archive for September 26th, 2008

Assorted Bailout Thoughts

Friday, September 26th, 2008

I’m not a Macroeconomist. And, I’m conflicted about the Paulson plan. But, given the recent unprecedented events, I figure I should chime in. A few thoughts: I had a Macroeconomics test today. In our models we assume No Ponzi Schemes. Representative agents aren’t allowed to pay off their debts by borrowing more, and more and […]