What to Expect From the Bailout

Here's a pretty straight-forward explanation of what we're about to see happen if the House passes the bailout tomorrow...


And Christopher Wood's macro analysis of the situation, from two weeks ago, is still right on. He writes,

"There are going to be casualties of this, it’s not pleasant, but the less the U.S. bails everybody out, the more bullish it is for the U.S. in the long run. Because it means the system isn’t completely corrupt. You can’t have socialism for rich people, capitalism for everybody else."

Catch the full piece, here.