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  • Oversold and Melting Up [View article]
    JasonC:

    "All banks are solvant if enough capital is injected into them."

    Of course that is correct. But how much is enough? What will "enough" do to the balance sheets of governments and their own solvency? I think the doctor is dying trying to save the patient. In this case, if the $100's of trillions in derivatives is correct, both of them are going to end up dead. All the central banks in the world won't help them... I guess you could print money until we all look like Weimar Republic II, the sequel.
    Oct 13 14:41 pm |Rating: 0 0
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