Tao writes ...
Hi Mish,
I couldn't agree more with you about public unions. In 2009, some of my friends who have stable government jobs bought multiple houses when many others went through foreclosure. Here attached a cartoon I drew for you.
Best Wishes,
Tao
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Thanks Tao!
Much appreciated
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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