Quote:
Originally Posted by Ethersync
They are going to stop lending. Soon. I predict our government tries to drive private investment out of the stock market (yep, another "crash" coming) and into treasuries...  |
I dont really see them attempting to stop lending, as a US crash would have world wide effects that could inevitably bring down the rest of the world. You see how it is playing out now, we hit a recession and majority of the world is doing the same. Without us fat lazy americans around to buy stuff everyone suffers :P....I do see the habits of the lending making a drastic change. I wish they would do away with deficit spending, balance the budget and learn a little about economics before they start adding on to things