View Single Post
Old 10-19-2011, 09:15 AM  
woj
<&(©¿©)&>
 
woj's Avatar
 
Industry Role:
Join Date: Jul 2002
Location: Chicago
Posts: 47,882
Quote:
Originally Posted by TheDoc View Post
Lots of things they could do....

They could make banks, directly responsible for the credit they give out.

They could lower the banks loan ratios.

Or they could simply make it as tough to get credit as it used to be not long ago.


Whatever the solution is, it does not involve creating more fake, bloated, credit marks to prop up markets and industries, that always create false product demand/growth, thus when the credit market dries up, the damage is much worse to the overall economy.
I'm not sure if any of your suggestions are really practical now, but I agree, when the economy becomes a bit healthier we should look into some ways to tighten up the credit a bit or similar credit bubble will be created in a few years again...
__________________
Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager
Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

Last edited by woj; 10-19-2011 at 09:26 AM..
woj is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote