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Re: [Marxism] Post calls the Bottom!!! Buy! Buy! Buy! Re: Post on crisis



Louis Proyect <lnp3@xxxxxxxxx> writes:

> Steve Palmer wrote:
>
>> This is just embarrassing nonsense.
>>
>
> As should be obvious from Charlie Post's rebuttal to Robert Brenner's
> 1998 NLR article on global turbulence, he is solidly in the
> anti-Armageddon camp of Sam Gindin, Leo Panitch, and Doug Henwood.
>
> http://www.solidarity-us.org/node/888
>
> I am not sure whether this is Armageddon or not, but it certainly seems
> to be a much bigger event than 1987, LTCM, etc.
>

The treasury ended up making a profit from the '87 bailout, IIRC.

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