The Myth That TARP Restored Stability

The TARP did not stabilize the financial system, it gave it a longer leash. Basically, they spent several trillion dollars on funny money duct tape trying to hold together a system that is currently heading towards a full meltdown at even greater speed than it was in fall 2008. But people will always think they're out of the woods until all the timbers start falling directly on their heads. Bigger crises are looming.