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


To: jmiller099 who wrote (86792)9/26/2008 5:38:29 PM
From: Dan3  Read Replies (1) | Respond to of 116555
 
Re: If it was forced debt payback; ie. cutting them out of the picture and direct debt payback then the majority of people would just quickly add back to that debt level over the coming months until they reach their debt ceiling.

If there are plenty of lenders out there anxious to let everyone borrow more, then it must be the case that there's no crisis and we can all just forget about "the liquidity non-crisis".