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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: saveslivesbyday who wrote (92390)3/18/2008 8:46:25 AM
From: Sunny Jim  Read Replies (2) of 110194
 
How does nationalizing the banks solve the problem? There is a serious misconception (by everyone, but most definitely by the politicians) that the United States is financially strong despite our $50 trillion in liabilities and monumental deficits. Fact is, America is a very weak nation financially and nationalizing the banks would call our bluff on it all.
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