Debt Rattle, April 29 2008: Questions Over Bailouts

The Shrinking Pie Effect It seems to me that predominating now in the markets is something that could be called the �shrinking pie effect� (as I try my hand at my own version of Winterisms�) : basically this is the propensity of the credit bubble in the widest sense to continue deflating even as various bailouts and pumping schemes (i.e. by the central banks) enjoy some measure of success (with