The Madoff scandal is back with a movie and a TV miniseries. Madoff described his crime as “a Ponzi scheme within a Ponzi scheme” (referring, of course, to what governments are doing worldwide: printing money to replace losses). Their representatives don’t go to jail for 150 years each, though, do they? The end of New Year’s resolutions and the resumption of all the old habits: the first Thursday of February. Amazon. Brief comment on the latest unemployment figures. Evidence of the current recession (depression). Negative interest rates: the last, desperate act of governments. Restaurant activity plunges.
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