And a land war in Asia

Posted Fri Oct 10, 2008 10:14PM by Glenn Hauman

Paul Krugman on the financial crisis:

The only thing we have to fear is fear itself. Fear and negative equity … The two things we have to fear are fear itself and negative equity, and the depleted capital of financial institutions … Amongst the things we have to fear are fear itself, negative equity, and the depleted capital of financial institutions.

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