10 Scary Numbers Out Of Europe

[ruger17hmr]

10 Scary Numbers Out Of Europe

It took the FEDs TARP + QE of about 10 trillion dollars to prevent the total collapse of US financial system about 2 years ago. Anyone cared to guess what it will take to stop the European contagion?

Fading The Rally: 10 Scary Numbers Out Of Europe - Seeking Alpha

 

[RockofStrength]

It would require a miracle, at this point...

 

[longbow]

...a big war........................

 

[msd]

...a big war........................

You're right.....unfortunatley this will be what it takes, but then you've got a false economy again, like we've had for the last 10 yrs.

We keep having things happen like with Iran trying to pull assasinations off on our soil, there'll be no recourse.

 

[windellmc]

10 Scary Numbers Out Of Europe

It took the FEDs TARP + QE of about 10 trillion dollars to [STRIKE]prevent[/STRIKE] delay the total collapse of US financial system about 2 years ago. Anyone cared to guess what it will take to stop the European contagion?

Fading The Rally: 10 Scary Numbers Out Of Europe - Seeking Alpha

Fixed it for you.

 

[longbow]

A big shot investment banker (kid brother) told me we should have let the whole system crash in 2008/9. Things would be much better now.

 

[Carmelbythecorn]

A big shot investment banker (kid brother) told me we should have let the whole system crash in 2008/9. Things would be much better now.

So.........the market is the best solution, not govt intrusion? Who'd a thunk.... But then we couldn't grow the national debt by 39% and see if we could crash the system!

 

[Stschil]

A big shot investment banker (kid brother) told me we should have let the whole system crash in 2008/9. Things would be much better now.

I'll go along with that, but I'd go him one better....

We should have let the whole system crash in 1929.
Moving back, the FED should never have been created and fractional banking should never been allowed.

 

[CarmelHP]

A big shot investment banker (kid brother) told me we should have let the whole system crash in 2008/9. Things would be much better now.

He's right. It would have reimposed some discipline, some short-term pain but better in the long run.

 

[Plinker]

A big shot investment banker (kid brother) told me we should have let the whole system crash in 2008/9. Things would be much better now.

Don't worry, it still will at some point.

 

[Leadeye]

Things did not correct in 2008 because most of the big money did not want that correction to take place.