Bail out.

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• • jenray ^Pro
  • http://www.jenniferhunter.co.uk
  • 2008-09-26 @ 00:16:00

  Interesting...listened to the prog on the state of the Markets tonight at eight...major changes are afoot...and there's a lot of very angry Americans today who are totally opposed to the idea that they should bail out the fat cats as we saw here - on the news, we haven't heard one single American say they trust the government to do the right thing...the figures are mind boggling and the conclusion on the prog tonight was that 700 billion isn't going to be enough! Hmmm...

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  • • semafu ^Pro
    • 2008-09-26 @ 20:16:06

    Yep, money supply has been too high for too long - a liquidity bubble. This is a very big thing going on, bigger than ppl realise. The amounts of money for the bail out are huge - don't think they have a choice really - the fat cats have already extracted all the money in bonuses and dividends. the taxpayers are gonna be screwed whatever happens.
    

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