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So what happens if a bailout deal is not reached?
Max_Headroom_3
Posts: 1,597 Forumite
I keep seeing references on the news (and indeed on sites like this) along the lines of "if a bail out of Wall Street is not forthcoming then the fallout would be unthinkable".
Well what is "the fallout"? What's going to happen if a deal is not reached? Can it really be as bad as all that?
And if they do bail the banks out, how long before they go back to their bad old ways? After all, they know they're underwritten now, they can effectively do what they want now they're officially "too big to fail" surely?
Well what is "the fallout"? What's going to happen if a deal is not reached? Can it really be as bad as all that?
And if they do bail the banks out, how long before they go back to their bad old ways? After all, they know they're underwritten now, they can effectively do what they want now they're officially "too big to fail" surely?
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I have almost-sleepless nights worrying that the future of the World's banking system is in the hands of George Dubya.
Assuming that he performs according to past form, the future of the human race lies in the hands of a handful of loony survivalists. Heavens only know what their gene pool is like. There'll be some interesting mutations when the nuclear waste sites start to leak.No reliance should be placed on the above! Absolutely none, do you hear?0 -
What UK time do the Eastern markets open at?
It can't be long now.0 -
This is what will happen !!
http://edition.cnn.com/2008/POLITICS/09/28/bailout.deal/index.html
We really are living in Momentous times !!! And in no way is that Hypebole !0 -
These are difficult economic times, and hard working families are worrying about the cost of petrol or food. We need an experienced person to guide us through these tough conditions.
Sorry, I think my mind has been polluted.Happy chappy0 -
If it all goes through, what will the rise in taxes to the average American be to pay for it? - can't seem to find this info....0
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I have almost-sleepless nights worrying that the future of the World's banking system is in the hands of George Dubya.
I'll lend you my 1,400 page tome, MacDonald on Immigration. That should put you to sleep nicely....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
tomstickland wrote: »These are difficult economic times, and hard working families are worrying about the cost of petrol or food. We need an experienced person to guide us through these tough conditions.
Sorry, I think my mind has been polluted.
You are so irresponsible. You didn't use the word "global" half a dozen times, and therefore are probably a scare-mongering spiv....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
If I've got your question right, and my answer, then per capita about $2k, whereas our NR bail out was $3k each to us.If it all goes through, what will the rise in taxes to the average American be to pay for it? - can't seem to find this info....
So less than what we're paying for NR.0 -
Blimey, he wrote a book AND set up all those burger restaurants??!neverdespairgirl wrote: »I'll lend you my 1,400 page tome, MacDonald on Immigration. That should put you to sleep nicely.0 -
Looks like the bailout is nearly there - only the i's to dot and the t's to cross.
http://money.cnn.com/2008/09/28/news/economy/Sunday_talks_bailout/index.htm?cnn=yes
I wish I was convinced that it will do more than push back the evil day. :rolleyes:0
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