Quote:
Originally Posted by Vendot
This bail out is going to add trillions to the national debt, so when all is said and done the deficit could rise to almost $13 Trillion or more if those assets decrease in value and more bail outs happen.
In the long term higher inflation, sure the dollar should collapse (its only just holding onto reserve currency status) so what do you see for the dollar?
What do you see for how the markets will respond on Monday after Friday's rally? Can the market be happy now that the debt is being piled into the national debt? Can the US government keeping bailing people out and how do they decide who will be or wont be?
I mean whats the fucking score?
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The assets aren't disappearing and they may go up in value in a few years ?
There was a guy who was a Fed Gov not too long ago on Cavuto and he said the bailout may actually make the Treasury $100 - $200 Billion within 5 years because the prices are closer to the bottom and only 8% of the loans are in default ?