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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (80838)	10/4/2011 9:13:22 AM
From: Fiscally Conservative	1 Recommendation Read Replies (1) \| Respond to of 218068

Interesting thoughts. What comes too my mind is the larger fear of a total credit freeze whereby no one would be willing to lend to the next guy; banks and large financial institutions. The Fed is most afraid of this as well most of the European elite. The reasoning has far more to do with insane over leveraging that took place the last ten years than what they try to spin with the term austerity. As much as I hate to see the banks bailed out; recapitalized. I fear the other scenario of allowing them to fail will be far worse for the rest of us pawns.