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Don Phillips' writing in the November 2008 Trains issue
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<p>The big bailout was supposed to soothe the markets, but the markets have become anything but soothed. This leads to the common conclusion that the bailout was not sufficient to soothe the markets, or that the markets would be even more upset had not the bailout happened. </p><p>But I have to wonder if the bailout has actually spooked the markets by highlighting a crisis and creating a sense of panic. After all when, in the name of solving the problem, you have the government socializing big chunks of our capitalistic system, which is represented by the markets, would not those markets feel threatened? Could the cure be more dangerous than the disease?</p>
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