Short Squeeze Brings Down the Dollar [View article]
I say let the toxic junk assets fail. Trying to buy they up will be absolutely destructive to the dollar and impossible for the taxpayer to cope with. Inflation will go up and not stop if this deal goes thru. It will force a dicipline in the system if the creditors get what they deserve...buying bad paper and pay the price just like investors in our stockmarket now. Do these junk bond holders deserve more consideration than our own people??? Marvin the Maven
-
I say let the toxic junk assets fail. Trying to buy they up will be absolutely destructive to the dollar and impossible for the taxpayer to cope with. Inflation will go up and not stop if this deal goes thru. It will force a dicipline in the system if the creditors get what they deserve...buying bad paper and pay the price just like investors in our stockmarket now. Do these junk bond holders deserve more consideration than our own people??? Marvin the Maven
Sep 22 13:32 pm
|Rating:
0
0
All Comments by MarvinMBA »Short Squeeze Brings Down the Dollar [View article]