US announces New debt plan to ease financial crisis

angel7030 SG

LOL! Paiseh, too much kick for you to fire.

Well, now that they don't want to bail out, what are they gonna do? Let it continue spiraling?

i can get the barrel saw off for better firing..

They will let nature take is cause, pain it shall be, but no pain, no gain, as a financial CON sultant, i believe the next thing will be alot of buying and selling of asset, join venture, acquisition and mergers.

Financial institute will merge together, support each other to form the economic of scale inorder to tackle this problem.

Shotgun SG

I understand the part about Financial Institutions merging together since there already a lot of that going on.

I think the question is still the matter of how they are gonna generate the money that supposedly went AWOL? It doesn't introduce any "new" money into the system. I don't see how they will be doing any buying or investing... doing it on debt again?

angel7030 SG

I understand the part about Financial Institutions merging together since there already a lot of that going on.

Now the problem is each institution is refusing to lend each other money, cos there is no trust, it is the time for the market to reshape itself by letting the stronger fish eats the weaker fish, If bank A cannot get money from the rich Bank B, let Bank B swallow some of bank A asset and business, become partner with bank B as the bigger shareholder, with that Bank B will certain help Bank A.

Shotgun SG

I see where this is going. Once they've acquired or merged sufficiently, confidence should return to start lending again? Still, wad about the mortgages?

reyes SG

how the american is going to finance the bailout bill of 700bn is by printing more money.

although i suppport no bailout but the consequences of it is quite clear. long and painful recession for USA and europe and probably some part of ASIA( especially so for Japan, Korea, Singapore).

a better way to pacify the mainstreet is probably to prosecuted a few of the guilty CEO and executive, so that the senator who oppose it can better sell the bailout plan to the ppl in their state.

Poh Ah Pak SG

Financial Tsunami: The End of the World as We Knew It

http://www.globalresearch.ca/index.php?contex

German Official Says U.S. Stature to Fall

http://online.wsj.com/article/SB12223794

France: Laissez-Faire Capitalism is Over

http://www.businessweek.com/globalbiz/c

'We Were All Staring into the Abyss'

http://www.spiegel.de/international/business

Europe wants to shift power away from the USA

http://www.theaustralian.news.com.au/story/0,25197

Germany sees an end to USA hegemony

http://www.ft.com/cms/s/0/a8ab34ea-8b63-11dd

Is the sun setting on USA economic supremacy?

http://www.chinadaily.com.cn/opinion/2008-09/26

angel7030 SG

I see where this is going. Once they've acquired or merged sufficiently, confidence should return to start lending again? Still, wad about the mortgages?

Once the financial institutions merged, there will be less finanical institutions as over the years, small and big financial insitutions had popped up here and there to grab short term profit will all be gone, mortages are guarantee by Insurance company, since insurance cannot paid the bank, the bank will eat up the insurance company and its assets then write off all the mortages slowly.

dragg SG

beside the rescue bill they should take to task those who brought about this financial crunch.

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