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The US Economy, and bailouts.	by Illiad	2007-08-08 14:25:04
I would say let individual institutions fail.	by AndyA	2007-08-08 14:34:15
However in a situation where that would lead to a general collapse of the whole market segment then the government should step in. The government should protect the national interests, a general collapse of the financial sector would be a disaster for the national economy and so very much against the national interest. As such the government does have a duty to stop things from getting too bad if they can. Of course the exact point when the government should step in is a matter of opinion. You can be sure that everyone in the financial industry will have a different opinion on the exact timing. And strangely those opinions will probably correlate very strongly with whether their company is going to be one of the first or one of the last to fold.
[ Reply ]
Not necessarily	by subbywan	2007-08-08 14:43:12
Maybe not but	by AndyA	2007-08-08 14:46:25
How so?	by subbywan	2007-08-08 14:58:06
Tell that to someone who actually LIVED	by SnArL	2007-08-08 15:00:48
Probably, but they did live	by subbywan	2007-08-08 15:02:08
Better yet let them tell us	by DesertRat66	2007-08-08 15:10:46
My Parents grew up in the Dust Bowl	by Ston	2007-08-08 16:23:00
I have no idea how possible it would be	by AndyA	2007-08-08 15:09:57
That's why I said "realistic"	by subbywan	2007-08-08 15:12:03
Sure and how many people	by joecrouse	2007-08-08 19:02:54

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