Chrysler’s Phony Recovery And The Delusions Of Its Bubble Merchant CEO

One theme of the false recovery narrative peddled by the Wall Street/Washington axis is that the leading symbols of the 2008 crisis—-the big banks, AIG, housing, the auto industry—-are all fixed owing to Washington’s drastic and massive interventions at the time and since then. But the truth is just the opposite: Nothing has been fixed […]
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