Quote:
Originally Posted by sheken
there is no doubt the market will correct itself, it always does.
the 700 billion dollar question is how and for how long will it correct yourself. Are you willing to bet it won't take 5 years of 25% unemployment and other disastrous effects ?
I'm no big fan of the bailout, but I think what they are trying to do is make it easier on the average Joe or it will hit like a truck
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Again dude the bail out makes it harder on the average Joe.
The Average Joe will in eventuality without government intervention have an opportunity to make his mortgage payment on more reasonable terms with better Financial companies willing and able to work it's way into the market palce.