Discussion in 'Economy' started by JBeukema, Mar 30, 2011.
No doubt someone will use the loans being repayed as proof of what a good idea the bailout was.
Brutus: the bailout was obviously a better idea than the alternative: worldwide depression
Can you prove we would have had worldwide depression if we had not bailed out the banks?
hey, why not? GM did same....
but has that been avoided or simply put off at compound interest?
Here we go again...
AIG slips back into the red
May 5, 2011 -- AIG reported a first quarter loss Thursday, moving the insurer back into the red after the bailout recipient showed signs of life with a strong final quarter to close out 2010.
I was fearing this, hoping it would wait a bit longer but this one could be a doozer. I hope I'm wrong though.
No he can't. Impossible.
What will be proven though is that you will have one now
dow went to 6500 after lehman failed and was bailed out. If all of Wall Street had gone every stock, bond, saving account, mortgage, checking account, pension would have been frozen and worthless. THe only way to solve would be government intervention but at that point it would have been 1000 times worse than it was.
any reason to think that?
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