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Strategies & Market Trends : The coming US dollar crisis
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To: the navigator who wrote (14441)11/13/2008 2:34:15 PM
From: Zuiderzon  Read Replies (1) of 71412
 
That is an awfully complex operation for the G20 while simply declaring everybody's debt to be just 10% of nominal value from now on would do exactly the same without all the fuss.
Why screw around with 50 buttons when one button does the same?

And why would this instantly make people go buy things again?
If G20 does a thing like this everybody is going to be awfully careful before they spend money because if G20 needs to do something this radical, it must be REALLY bad, right?
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