So What Happens After the Bailout?

So What Happens After the Bailout?

finance.yahoo.com

In our opinion, here's the most likely scenario:

Hank Paulson & Co. survey the banking industry and decide who will stay and who will go.
Within a month or two, Paulson buys $250 billion of worthless assets.
Confidence improves modestly, but banks continue to hoard capital and credit markets stay tight.
The credit crunch filters through to consumers
The economic news continues to get worse
The global economy continues to weaken: Europe, Asia, and, eventually, emerging markets

(visit the link for the full news article)



[edit: fixed link]

[edit on 15-11-2008 by 12m8keall2c]

I hope someone posted this article, but I wanted to take a look back, to see if everything that was posted will actually happen.

I personally don't see it happening. We're in deeper than we know, and we are being robbed beyond belief.

Its weird to think how much things actually change within only a month

finance.yahoo.com
(visit the link for the full news article)


[edit: fixed link]

[edit on 15-11-2008 by 12m8keall2c]

Yeah, that pretty much sums up the way I see things happening, and many others whom I've spoken with.

The one thing you can rely on the government for, is getting addicted to some new financial burden they've placed on the people.


Now that not only the US, but other countries around the world are getting used to the idea of bailing out companies... it's going to become a common thing in the future.

Companies start failing, and the government will delegate funds from the taxpayers to bail them out.


How long will it take before it's so commonplace that you'll have to pay a big business tax?


Becoming reliant on the government intervening to prop up failing companies is way too close to socialism for my tastes.

well I see your snippet came from the MSM.The real seanario as I see it is this.
The greeseballs at the federal reserve try to control inflation.If they can keep it between 30 and 50% they pat themselves on the back.The more likely outcome is it gets out of thier control and we get hyper inflation.Buy the wheelbarrow to haul your money for a loaf of bread now cause you won't be able to afford it later.