Is anyone scared that if the government doesn't make 'sweeping changes' with a one week notice, the shit will totally hit the fan on Monday?
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Yes.
I am very, very worried.
I don't know if the system will collapse if they don't get a deal by this weekend - and I think they probably will. But the odds are as high as they have been since the Depression that it could happen.
I also don't know that they can prevent it, even if they get the deal done.
Is anyone scared that if the government doesn't make 'sweeping changes' with a one week notice, the shit will totally hit the fan on Monday?
I fear that we're getting bamboozled, folks.
We're going to take on all the bad paper and let these banks continue going?
Why?
Why should we should we bail out the banks and take on only their bad paper?
Screw 'em.
We take the bad paper we take the whole operation.
Take it or leave it.