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2008-10-12 Home Front Economy
World leaders seek remedy for credit meltdown
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Posted by Fred 2008-10-12 00:00|| || Front Page|| [1 views ]  Top

#1 Excedrin
Posted by badanov 2008-10-12 01:52|| http://www.freefirezone.org]">[http://www.freefirezone.org]  2008-10-12 01:52|| Front Page Top

#2 I suspect nothing good will come from these European discussions for the US investor and tax payer. The more involved in banking the government becomes, the more likely it will be that we will see banking holidays and other limits on banking activities. I am not at all encouraged.
Posted by Besoeker 2008-10-12 09:33||   2008-10-12 09:33|| Front Page Top

#3 The more involved in banking the government becomes, the more likely it will be that we will see banking holidays and other limits on banking activities. You left the other part out -- if the government does not involve itself in banking, there will be massive runs on banks and/or banks collapsing, a different sort of "bank holiday" than what you refer to. This happened between the 1932 presidential election and FDR's taking office in March 1933.
Posted by Anguper Hupomosing9418 2008-10-12 11:26||   2008-10-12 11:26|| Front Page Top

#4 Note the reference to the G7 'rich countries'. What's coming next, do you think?
Posted by lotp 2008-10-12 13:02||   2008-10-12 13:02|| Front Page Top

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