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dow to crash tonight, page-12

  1. pagedown
    265 Posts.
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    21/02/09
    12:24
    Post #: 4822726
    IMO the printing presses don't stop printing money when the banks stop lending. At one point there is just too much money around. Having having a high debt, in a high inflation environment, reduces the impact of the debt. The Banks will survive as the government will nationalise them and print the money to support lending.

    Take care out there...
    VPG Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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