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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (212662)	12/4/2004 5:02:54 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573213

re: Do you know what happens to technically insolvent companies? Eventually, banks stop lending to them and they go bankrupt. Most never emerge from bankruptcy and the shareholders lose everything. If the world loses confidence in the U.S.'s credit, they will stop investing in our markets. That will have an incredibly negative cascading effect on our economy: massive inflation as the dollar plummets, loss of liquidity resulting in atrophied investment, massive job loss, sky high rates, and ultimately a great depression. Yo, lights on... you are starting to get it. John