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Strategies & Market Trends : The coming US dollar crisis
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To: carranza2 who wrote (3940)2/6/2008 1:14:16 PM
From: Real Man  Read Replies (1) of 71406
 
"The only solution that would restore faith in the credit markets
is to nationalize the bad debt in a partnership with debtors and
creditors. The government assumes a part, the debtors pay some,
and the creditors take less. Everybody bitches, a sign of a good deal."

There is a problem with that too - the government is broke,
they have done it too many times already. Now their debt rating
is very questionable.
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