What is this Recovery they speak of?

Ian Welsh points out again, they haven't made the fixes to ensure there's no repetition of 2007.

Not only is it not going to happen, it's not supposed to happen.

All of the big bank$ters are bankrolled by the government with low sometimes interest free loans. Not only that, there's the promise of more if things get really bad again. That's for them.

Now, however, we hear that consumer interest rates are about to go through the roof. That's for us.