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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (26182)3/23/2005 11:11:19 AM
From: Knighty Tin  Respond to of 116555
 
Nah, you kill both creditors and debtors. Shakespeare predicted this. When the gov takes over the banks, they do not let debtors off the hook and the debtors have no cash, inflated or not. The S&L bailout was not a great event for debtors. Only those who have real assets can pay their debts. And most of them don't have any.