May 18, 2012
All Big Numbers With Dollar Signs in Them Are Identical
Gary Varvel, 5/17/12:
When a bank loses $2 billion on credit default swaps made by one trader, due to insufficient risk control and oversight, that's exactly like a sovereign state deliberately spending more money than it takes in (either because they're evil Socialists bent on stealing your guns, or because lowering tax rates, starting two unfunded wars and a major health benefit, and then ignoring a looming crash are the recipe for a disaster, take your pick).
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Please remember that the purpose of Editorial Explanations is to explain and to expand knowledge, rather than to engage in any partisan bickering. All cartoonists are completely correct, in their own worlds.