How would the bad debts be wiped out by Central bank injecting fund into the market?
  Home FAQ Contact Sign in
soc.culture.hongkong only
 
Advanced search
POPULAR GROUPS

more...

soc.culture.hongkong Profile…
 Up
How would the bad debts be wiped out by Central bank injecting fund into the market?         


Author: Siansiansian
Date: Sep 19, 2008 07:27

It must be a joke, unless the Fed is going to absorb all the bad
debts,
and who is going foot the bill?

I can't understand the logic.
1 Comment
Re: How would the bad debts be wiped out by Central bank injecting fund into the market?         


Author: rainbow12345678
Date: Sep 19, 2008 10:03

On Sep 19, 10:27 pm, Siansiansian gmail.com> wrote:
> It must be a joke, unless the Fed is going to absorb all the bad
> debts,
> and who is going foot the bill?
>
> I can't understand the logic.

So simple, just keep on buying and spending, and make sure it is a big
amount of money until the Govt scare of you, then you will get it paid
for you by tax payers thru the Govt!!

It happened in Singapore too. Some company just keep on borrowing and
buying of assets, until it is so big that the bank also afraid of you
to go down. In short make it so big until they will have to die
together with you, then they will have to save you using tax payer
money.

LOL
no comments