Comments on: Meredith Whitney seems onboard with the fake recovery http://www.creditwritedowns.com/2009/05/meredith-whitney-seems-onboard-with-the-fake-recovery.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: steven http://www.creditwritedowns.com/2009/05/meredith-whitney-seems-onboard-with-the-fake-recovery.html#comment-56405 steven Tue, 12 May 2009 12:47:00 +0000 http://www.creditwritedowns.com/2009/05/meredith-whitney-seems-onboard-with-the-fake-recovery.html#comment-56405 When is the government support of the financial sector going to end such that underlying weakness in the sector becomes evident again? Answer by Jesse: The middle class is particularly hard hit as they exchange their remaining real assets in an increasingly corrupted financial system. They are dulled by falling from crisis to crisis. We seem to be at the stage where the wealth transfer from the many to the few has it last parabolic gasp before the collapse. When is the government support of the financial sector going to end such that underlying weakness in the sector becomes evident again?

Answer by Jesse:

The middle class is particularly hard hit as they exchange their remaining real assets in an increasingly corrupted financial system. They are dulled by falling from crisis to crisis. We seem to be at the stage where the wealth transfer from the many to the few has it last parabolic gasp before the collapse.

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