SUBSIM Radio Room Forums - View Single Post - Wall street bailout plan defeated in the House.

Skybird · 09-29-08, 03:17 PM

http://www.rgemonitor.com/blog/roubini/

http://www.nytimes.com/2008/08/17/ma...ssimist-t.html

It's a no-win-no-win situation. Accepting that package, does not enough, but still would come at a very costly price. not accepting the package, also comes at a costly price.

Well, that is karma, self-created. Occasionally, in the past 5, 6 years, we had discussion about such things, and when I pointed out that there is a logical trend leading to outcomes comparable to the ones we see today - I was laughed and mocked about. I hear no laughter anymore these days.

09-29-08, 03:17 PM	#5
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,664 Downloads: 10 Uploads: 0	http://www.rgemonitor.com/blog/roubini/ http://www.nytimes.com/2008/08/17/ma...ssimist-t.html It's a no-win-no-win situation. Accepting that package, does not enough, but still would come at a very costly price. not accepting the package, also comes at a costly price. Well, that is karma, self-created. Occasionally, in the past 5, 6 years, we had discussion about such things, and when I pointed out that there is a logical trend leading to outcomes comparable to the ones we see today - I was laughed and mocked about. I hear no laughter anymore these days. __________________ If you feel nuts, consult an expert.