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  • Who Will Manage the Bailout Fund? [View article]
    When excess liquidity is created visa visa the housing bubble sooner or later the liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are all now losers and going to be losing more and more. At this stage there is nothing they can do and there certainly is nothing the average guy in the street can do except go bankrupt.
    Sep 25 10:49 am |Rating: 0 0
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