Have you ever been hit in the face really hard?
EDIT:
I realize I gotta make my first comment PC...have you ever been hit in the face really hard with kindness ?
Have you ever been hit in the face really hard?
EDIT:
I realize I gotta make my first comment PC...have you ever been hit in the face really hard with kindness ?
I'm not immature, I'm refined in the opposite direction.
if you spent $1 every second it would take over 30,000 years to spend $1 trillion US.
It's largely irrelevant though, since expanding the money supply is the worse thing they can do right now. The crash is coming, but the longer it get sput off, the worse it will be and the longer it will take to recover. Bailing out the investors that made these bad investments will not prevent the collapse, it will only encourage even worse investments. Yes it sucks that people will lose their homes and teh country is headed into a financial collapse, but throwing money at the problem isn't the answer. Any real solution will require deep and broad based fundamental changes to the global financial system itself and will it will not be without painful value corrections at every level of society. The bad capital investments have already been made, and the resources expended. The losses have already been incurred, the only thing left to do now is balance the books and assign the losses to those that made the poor decisions. Capitalism only works if there is a financial penalty for making poor economic decisions.
