goldilocks

Three Considerations on the 'Too Big To Fail' Issue

Also enjoyed this article & am an admirer of Mark Thoma. Thanks, Flash, for the explanation, I appreciate it ! I sure don't know where the wealth is, but my head is spinning just thinking about all those trillions out there in derivativeland...Reall... like your idea, biomedlives ! On the subject of 'scams', thought the article "Did Bear Stearns Fall or Was it Pushed?"by Ellen Brown very interesting...In regards to the housing bubble, I share the same curiosity as you, xsuddensam...

Three Considerations on the 'Too Big To Fail' Issue

Thank you, Jim ! My porridge was just right ! Please, let me ask the question another way...Is it 'Intellectually understood' that we are unable to come close to another collapse of our banking system - do you believe that this is impossible ?

Three Considerations on the 'Too Big To Fail' Issue

That there exists "intellectual understanding that would not permit that to happen"...could someone please explain that to me ?