Quote:
Originally Posted by Fletch XXX
we will never know unless it happens, I think this whole "sky will fall if GM falls" is fantasy, fear can always get the best results from those you want to control.
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I think there's an awful lot at stake to just say "we will never know unless it happens." Another great depression is probably worth trying to avoid rather than just let it happen so we can look back and say "well, that answers that question."
Now, don't get me wrong, as I said, I'm torn and these bailouts send a very dangerous message to the greedy CEO's that let this happen in the first place. So I certainly don't support it.
But I'm also not just going to turn a blind eye to the potential consequences. The results could be very harmful in a normal economy. In a volatile economy, it could be disastrous. And no, we don't know if it will be for sure, but as I said, it's a huge risk to take just to satisfy a curiosity.