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Is the U.S. Banking System Safe?

I know I am wasting my time with shorties and the like wishing the worst , may be the end of capitalism or US solvency.You are dead wrong and the present credit crisis is nothing compare to what USA went through over the last century.Most of you talk about things they do not know and preach the end is near.Take care shorties you may get burned BIG TIME and sooner than you think.

Is the U.S. Banking System Safe?

On all websites I have visited in recent weeks the most commented articles are those presenting a desastrous view of what is coming ,sounds like the end of the world is for soon.I sincerily think that it is not the case and that all interventions of public authorities and federal government will limit the damages ,namely because the measures allow financial institutions more time to fix the problems and in this crisis time is of the essence.Very easy to understand, in order to get a better price do you prefer to have one year to sell a forclosured house or 48 hours ,I think the answer is obvious.That is what the measures, among other things, will permit.So get out of your bombshelters and stop preaching the world comes to an end as it is not the case.As for the US debt , it will still manageable even if this crisis costs a lot of money to government.US economy is too big to fail and our foreign partners will lend the necessary money it takes to fix problems.That being said,I hope however that measures will be taken to avoid any future crisis of this magnitude.Finally , do not be too offended if the Government becomes more and more socialism it normal because world economy and finance are very complex and problems may no longer be fixed like they were in the wild wild west of the 18 century.