BHP 0.37% $43.40 bhp group limited

where to next, page-17

  1. 696 Posts.
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    Problem is that bailouts never work. They actually make it worse; Inflation or deflation and possible depression. If passed total US private and gov debt will run at 350% of GDP (it hit 300% in 1929); unheard of historic level. The USD will be destroyed, as they will fall back into the inflated the debt gov way. also something thats never worked B4. We could have got out of this with a mild recession, but that wouldnt have helped bailout their rich mates.

    Time will tell. But printing money has never worked any other time in history.
 
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