Lots to Panic Over

Sean Davis notices something:

That Wall Street is panicking worse over WuFlu than it did in 2008 when it was revealed that the Wall Street-created securitized mortgage industry was a complete fraud tells you everything you need to know not about WuFlu, but about Wall Street. It’s completely absurd.

As I recall the 2008 market collapse was symptomatic of a larger, looming catastrophe that required all banks being put under government monitoring (I should investigate this more).

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