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Debates Forum

Debates Forum

  1. Standard member uzless
    The So Fist
    23 Oct '09 17:06
    So how come no one is talking abot the massive credit losses that haven't been accounted for in the derivatives market? The 30 trillion dollars made available in the bailouts is a mere drop in the bucket.

    Why have we forgotten about it?
  2. 23 Oct '09 17:06
    Originally posted by uzless
    So how come no one is talking abot the massive credit losses that haven't been accounted for in the derivatives market? The 30 trillion dollars made available in the bailouts is a mere drop in the bucket.

    Why have we forgotten about it?
    Why have we forgotten about it?

    because its too painful to remember.
  3. Standard member uzless
    The So Fist
    23 Oct '09 18:56
    Originally posted by generalissimo
    [b]Why have we forgotten about it?

    because its too painful to remember.[/b]
    but it hasn't gone away. the problem hasn't been solved. It's only been delayed.
  4. Standard member sh76
    Civis Americanus Sum
    23 Oct '09 18:58
    Originally posted by uzless
    So how come no one is talking abot the massive credit losses that haven't been accounted for in the derivatives market? The 30 trillion dollars made available in the bailouts is a mere drop in the bucket.

    Why have we forgotten about it?
    Probably because few people know about it and fewer understand it.
  5. Standard member uzless
    The So Fist
    23 Oct '09 19:01
    Originally posted by sh76
    Probably because few people know about it and fewer understand it.
    I feel like were at that stage just before the tsunami hits where the water actually runs back OUT to the sea and everyone is drawn onto the shallow beach in a seemingly peaceful quiet time.

    What happens when the water starts to form a giant wall and moves in to crush everyone standing on the beach?
  6. Subscriber Sleepyguy
    Reepy Rastardly Guy
    23 Oct '09 22:41
    Originally posted by uzless
    What happens when the water starts to form a giant wall and moves in to crush everyone standing on the beach?
    I think we're all standing on that beach. How will the Fed stave off the coming inflation storm if raising rates will sink all the banks? Kind of a damned if you do, damned if you don't sorta thing. I don't know how Bernanke manages to seem so calm.
  7. Subscriber kmax87
    You've got Kevin
    24 Oct '09 14:55
    Originally posted by Sleepyguy
    I don't know how Bernanke manages to seem so calm.
    ....claymation.....
  8. Subscriber Sleepyguy
    Reepy Rastardly Guy
    24 Oct '09 16:06
    Originally posted by kmax87
    ....claymation.....
    lol