Self styled il Duce of finance Paulson enunciates the yo yo theory of economics!

Self styled il Duce of finance & US secretary of the Treasury Hank Paulson, the man who triggered the crash in the market by letting Lehman Brothers fail, and who as CEO of Goldman Sachs had given birth to the subprime mortgage Ponzi scheme which has inflected world financial markets, last evening [21 October 2008] has risen to new heights of the banality of evil in economics. He now has held forth on yo yo economics. You needn't be a whiz kid of Wall Street to grasp the simplicity of his theory. Simply put, the markets are down but they will go up. And though he doesn't say so, up markets will turn into their opposites, down markets! Now is that a kick in the heade? Sure is! So worry not, share holders and coupon clippers, markets do rise and in 6 months or so, the US and world financial will be up to speed, dixit preacher of pie in the sky il Signor Paulson! With such reassurances by our wise but simple minded economic Duce, we can all sleep peacefully at night, and know that he has our best interests at heart! Wink, wink, wink!