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

To: TimF who wrote (420040)9/25/2008 7:20:44 PM
From: i-node  Read Replies (2) | Respond to of 1576346
 
The bailout may reduce the severity of, or delay, a recession. If that was its only effect, I'd be a supporter. But I think it will create more problems and costs than it resolves.

It seems to me that a 700b bailout simply to avoid a recession, which is just something that has to happen now and again, it setting a bad precedent.

My concern is that we are facing something more severe, but I admit to not understanding this stuff as well as I believe you do.



To: TimF who wrote (420040)9/25/2008 7:30:46 PM
From: tejek  Read Replies (1) | Respond to of 1576346
 
A depression simply isn't in the cards, at least not without a lot of other new stupid government action, and not just the run of the mill stupid, but something like the actions of Hoover and FDR, and the fed at the time before and during the depression.

Now how do you know that a depression is not possible?


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