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Old 10-01-2008, 08:14 AM  
Doctor Dre
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Bailout comming in too late ?

From what I understand, the short term problem they want to fix here is trust between financial institutions. I would love to have input from guys who know the market better then I do.

How would the bailout FIX anything except restore confidence and get the markets going again for a short time? And do you really think it will make a difference after the roller coaster going on at the white house ?

The bailout might have been a great idea, if it would have been applied instantly, but is it still the best idea after weeks of negociation and lost of trust ?

The problems of the US economy foundamental... housing price bubble, credit bubble, war spendings, trade deficit, energy crisis, all at the same time.

Don't the financial institution are well aware now that the AAA Credit rating is bull... and that lending more money to people in a country that isn't solvant isn't really the best thing to do ?
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