And the worse is yet to come. Before the "System" can recover, asset prices will have to fall massively, producing a chain of bankruptcies, bailouts and restructurings as the survivors pick over the corpses of the bankrupt. Tens of thousands will lose their jobs. The potentially bankrupt finance sector will have to recapitalised - mainly at taxpayers expence. More seriously consumers are forced to wind back their debt levels as the economies enter a long repayment period.
So, Billions of Dollars can be suddenly found overnight in america to bail out and billions to rescue what ?
Screaming Wallstreet suits clearly made world goverments and bank jumps.
So, that the system can stabilise and start the whole progress all over again and the public keeps exploited from these financial gansters.
Ordinary folk are forced to pay so that they can keep on screwing us and wreck the whole globe in the progress.
Go away, Wallstreet Sam, for once and forever.....
