SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : SiliconInvestor All Stars Forum

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sunny Jim who wrote (1556)11/30/2007 10:32:01 AM
From: SouthFloridaGuy of 1718
 
<<Ultimately if the economy is slowing down fast enough, the FED may not be able to prevent debt defaults unless they are willing to underwrite the debts if the banks decide that they don't want to do it (because the borrowers aren't credit worthy enough to have the debt rolled over).>>

Bingo. Not stupid questions at all. There is no "right" answer other than to avoid the mess in the first place.

We can only figure out how to profit from it now - or at least preserve.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext