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Vendot · 09-25-2008, 10:29 AM

Lets face it we're hearing "watered down" accounts of what *could* happen if the worst came to the worst and the credit markets seized up, but what would ACTUALLY happen?

Paulson, Bush, Bernanke...... all the talk on the media is watered down, all the talk in the meetings is heavy because they need congress to understand the justification for the $700 BN. So whats the real situation?

Theres been a lot of talk about "End of America Superpower Status" and "End of dollar as a reserve currency" etc etc..... would it really be like the great depression?

09-25-2008, 10:29 AM
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	If No Bailout, How Bad Would It Get? Lets face it we're hearing "watered down" accounts of what could happen if the worst came to the worst and the credit markets seized up, but what would ACTUALLY happen? Paulson, Bush, Bernanke...... all the talk on the media is watered down, all the talk in the meetings is heavy because they need congress to understand the justification for the $700 BN. So whats the real situation? Theres been a lot of talk about "End of America Superpower Status" and "End of dollar as a reserve currency" etc etc..... would it really be like the great depression?