Roubini: American Financial System Is Insolvent
For those looking to reinforce your bullishness:
http://www.forbes.com/2009/03/04/global-recession-insolvent-opinions-columnists-roubini-economy.html
The point that government spending can't possibly offset the fact that every other source of economic growth is gone, I think is a foregone conclusion. He makes the point that $3.6 trillion may not even be enough to "bail out" the financial system, which seems likely to me as well. Like so many others however, he doesn't suggest an alternative.
