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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (42456)	10/5/2011 7:16:14 PM
From: Real Man	3 Recommendations Read Replies (1) \| Respond to of 71447

There have been ad hoc moves, but they solved nothing. RBS in London, UBS in Switzerland, BAC, C in the US. AIG? Forget that puppy, headed back to zero despite nationalization. What about Fannie and Freddie? We keep them off US government balance sheet to keep our country's rating from going straight to BBB or lower, and the Fed is full of their paper and buying more with operation twist. We are in the process, a process that is now bankrupting nations. As derivatives blow, somebody loses, somebody wins. Is it right for the govt to nationalize the loser? That obviously bails out the winner. The second question: How can you nationalize the winner?