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Soros Plan - Recapitalise the Banks

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  • jtabeb
    replied
    Re: Soros Plan - Recapitalise the Banks

    Originally posted by Mega View Post
    Thing is............Even if GOD came down to earth and "wished" away ALL the debt.............what would we have?

    No Saving
    Spending not producing

    & God's busy right now!
    Mike
    No, you would have injected a SHit load of new income into the PCE that has been freed from debt service. Sometimes the glass really is half full Mega

    Leave a comment:


  • Mega
    replied
    Re: Soros Plan - Recapitalise the Banks

    Thing is............Even if GOD came down to earth and "wished" away ALL the debt.............what would we have?

    No Saving
    Spending not producing

    & God's busy right now!
    Mike

    Leave a comment:


  • oddlots
    started a topic Soros Plan - Recapitalise the Banks

    Soros Plan - Recapitalise the Banks

    Not the first to point out that recapitalising the system is right idea (Chris Whalen, Roubini among others have as well, this is well laid out and explained...

    http://www.ft.com/cms/s/0/d68e10cc-8...0779fd18c.html
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