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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: Will the Bailout Plan Work?||Date: 10/5/2008 9:24 AM|
|Author: PeterRabit||Number: 257704 of 465302|
Great column. Lots of info there. I loved the cartoon "any given sundae" and the red stamps on the banks.
Warren Buffett favored the bailout and that says a lot. Will it work? I think it will help us to have a more orderly economic decline. I think the $700 B will be printed (not borrowed) so there will be major inflation down the road.
I would love to hear your comments on this analysis from Porter Stansberry.
How AIG's Collapse Began Run on the Banks
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