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International - Coordinated Central Bank Action to Improve US$ Liquidity
bankofengland.co.uk ^
| The Bank of England
Posted on 09/18/2008 12:35:38 AM PDT by HAL9000
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To: sbelew
What happens when they figure out that there arent enough assets in the world to settle all of the outstanding debt??
They already know there isn’t. What is happening now is no doubt just to keep the system afloat through the elections. Then all bets are off.
21
posted on
09/18/2008 3:44:58 AM PDT
by
rbg81
(DRAIN THE SWAMP!!)
To: sbelew
What happens when they figure out that there arent enough assets in the world to settle all of the outstanding debt??
They already know there isn’t. What is happening now is no doubt just to keep the system afloat through the elections. Then all bets are off.
22
posted on
09/18/2008 3:46:55 AM PDT
by
rbg81
(DRAIN THE SWAMP!!)
To: HAL9000
Isn't the best (but most painful) thing just to let what needs to happen happen so that then we can begin to rebuild? Don't you think all these attempts to prop something that is broken up will only prolong the inevitable?
23
posted on
09/18/2008 4:51:31 AM PDT
by
Heartland Mom
(The Presidency is not an entry-level position.)
To: HAL9000
It’s not a liquidity problem; it’s a solvency problem.
Every financial institution is insolvent and has been for over a year.
24
posted on
09/18/2008 5:15:52 AM PDT
by
nicola_tesla
("Life is Tough... It's Worse When You're Stupid".... John Wayne)
To: cherry
Not if you want to avoid hyperinflation
25
posted on
09/18/2008 5:16:20 AM PDT
by
nicola_tesla
("Life is Tough... It's Worse When You're Stupid".... John Wayne)
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