It's Time for the Govt. to Spell Out the Risks of Not Rescuing Financial Markets [View article]
Well everyday people all over America go to work and receive a check because the financial system works. Thousands of small businesses depend on credit in constant cycles to stay afloat. The financial system, which includes Wall Street, does have to keep functioning to keep Main Street alive. As capital retreats to safe havens it is less likely to help people stay or become employed. So, even though the plan is not much of a plan at all - the sooner the better.
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Well everyday people all over America go to work and receive a check because the financial system works. Thousands of small businesses depend on credit in constant cycles to stay afloat. The financial system, which includes Wall Street, does have to keep functioning to keep Main Street alive. As capital retreats to safe havens it is less likely to help people stay or become employed. So, even though the plan is not much of a plan at all - the sooner the better.
Sep 24 19:44 pm
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All Comments by Yogidad »It's Time for the Govt. to Spell Out the Risks of Not Rescuing Financial Markets [View article]