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US Government not expected to bail out any more companies

Discussions about the economic and financial ramifications of PEAK OIL

Re: US Government not expected to bail out any more companie

Unread postby Cashmere » Sun 13 Jul 2008, 23:55:13

Don't buy into that crap.

If the government actually lets the market do its work, it mean the crash will be sudden and shocking.

Instead, the government will surely prop up dead wood like GM, Ford, Wachovia, Lehman, whoever, maybe indirectly, because to not do so would set off a chain of events that would quickly spiral out of control.

So instead we'll have the government standing on the brakes, which will mean that, instead of sudden and shocking, it will somewhat less sudden and just as shocking.
Massive Human Dieoff <b>must</b> occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where <b>you</b> live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
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Re: US Government not expected to bail out any more companie

Unread postby heroineworshipper » Mon 14 Jul 2008, 01:46:07

Franklin Roosevelt would never get elected today. He made people work for their entitlements. What a stooge. Can U believe that was actually liberal at one time?
People first, then things, then dollars.
There will be enslavement, cannibalism, & zombie invasions.
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Re: US Government not expected to bail out any more companie

Unread postby mos6507 » Mon 14 Jul 2008, 02:11:31

So what happens to GM?
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