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View Diary: WHY WE’RE SCREWED (232 comments)

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  •  you miss the third option (16+ / 0-)

    which is the likely option. The entire world market is about to implode at some point, sooner rather than later.  The great sell off and credit squeeze is right around the corner.  We MUST allow these companies/banks/finance companies to DIE.  We had the opportunity in 08 yet too many fell for the TBTF bullshit.

    third option is dont bail them out, because they are about to eat each other.

    Bad is never good until worse happens

    by dark daze on Wed Jul 25, 2012 at 08:05:59 AM PDT

    [ Parent ]

    •  The problem was the food (2+ / 0-)
      Recommended by:
      Pandoras Box, left of center

      Food and other goods were sitting on the docks, not moving, because the supermarkets could not get the credit to move it all. I didn't give a damn about the flat screen TVs sitting on those docks.

      Americans who know should be thinking of ways to band together in Neighborhoods and be more self-sufficient so if the markets and the economy do crash, we are OK. It is no longer paranoia.

      My dog is a member of Dogs Against Romney: He rides inside.

      by adigal on Thu Jul 26, 2012 at 03:03:47 AM PDT

      [ Parent ]

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