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You Don’t Need To Innovate In Finance; You Don’t Need To Invent Anything New

Very well, it’s all China’s fault

After accusing China being responsible for the housing bubble, Bear Stearns, Lehman Brother, Merrill Lynch, AIG, Goldman Sachs, Bernie Madoff and the Fed’s stinking balance sheet, Fed Chairman Bernanke now says China is the reason why the U.S. has almost double-digit unemployment, distressed housing prices, unAmerican consumers and unacceptably low inflation. Keep it up, Ben!

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Written by Xiang Ji

November 19th, 2010 at 12:31 pm

Posted in Interesting Links

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