30
09
2008
Bailout Backoff - From “irrational exuberance” to “irrational discouragement”
Posted by: in Your BusinessWell, I spoke too soon on Sunday. Looks like the off/on/off bailout is off at the moment. The House of Representatives said “no” to the bailout, and already stock markets around the world are reacting.
I would say that “irrational exuberance” is rapidly turning to “irrational discouragement.” Hang on and don’t do anything irrational, folks.











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