come on now, it seems to me that only a small minority were aggressively cheering a recession. maybe they really are in a position to weather it out? but everyone else seems far more pragmatic about things; payback is coming and it’s going to be a bitch. better now than later. there’s no free lunch, right, so wishing the problem away with a rate cut and some “free” money (aka, refund-go-round) won’t work.
and pb’s post didn’t even make any sense. “The run up was exuberance and hubris, and downturn will be the same, but from a different group of people that feel they’re well insulated. ” what does that even mean? because quite frankly, we all know who to blame for this shit storm.
edit: why does this theme seem familiar, “be careful what you wish for”… a recurring post topic lately? or a mother goose/twilight zone fable…
