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Friday, February 13, 2009

the ultimate insult

How the mighty have fallen. Former Treasury Secretary, y Salvador de Mexico, Nicholas Brady offers up more of his Brady Bonds to save impoverished Latin American dictatorship los Estados Unidos from Chinese debtors' prison. I don't even think this is applicable to the US crisis since its not a sovereign debt one, and nevermind the intricacy of restructuring debts across US household, business, and financial sectors, but the fact that he's recommending it at all is simply hilarious. Americans no longer merely shop at the Banana Republic.

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