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URL: http://boards.fool.com/we-probably-dont-want-to-see-a-world-where-30430105.aspx
Subject: Re: An interesting Fiscal Cliff observation	Date: 12/13/2012 11:51 AM
Author: notehound	Number: 411190 of 423166
...we probably don't want to see a world where the government stops subsidizing these banks. It would essentially require implementing a new global economic system in a relatively short time period... You're right. It would require a new system in a short time. How about in 4 or 5 years? Is that enough time to implement a new global economic system? Iceland completely rebuilt its banking system in a very short period of time and now they are recovering, while everyone else is becoming stagnant - like Japan. We wasted the last 5 years doing nothing about the subsidies. Heroin addicts. That's what we have created of our banks. Sooner or later, they'll find that their pusher/supplier can't meet their needs - and they'll have to go "cold turkey." Then, they'll implement a new system - by necessity. 5 wasted years... So sad. :-o
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