I was an Atheist In A Foxhole, but I am not CATO’tonic, not a libertarian, a cowardly conservative. Nope. I think the collapse is yet to be. I know I will not get everyone across the bridge, but this is not the big one. This is just the starting tremor, the one that only wild animals feel. The great one is closer, but not here. Each collapse gets bigger because we have ….

Clear Cut

I will clarify. Capital is unsustainable by market forces. Capitalists may lay claim to “the market” but this is a claim jump. A grab of prior origin. By standing by and letting the collapse continue, you don’t raise moral issues, you can question the foundation statement. What you will see, what has been shown a dozen times in my life, is that capitalism is not sufficient. Markets are not self sustaining. The surge is unsustainable. This isn’t a market ebb, flow, nor cycle. Markets are not natural, organic forces or features. When the fun house mirror cracks, the dolls deflate, you have a better, your only, chance to stand naked. Wear better clothes than these.

I live on Easy Street so it is easy to make a claim (to CNBC) that I have a model that can price these “toxic” loans within 15 minutes.

Please, review the last part of that statement in light of price fixing, or price regulation. Ask yourself the place, or better, meaning, of “market” when the price is set by a “model.”