|Quoting AGM100 (Reply 49):|
. like starving to death slowly rather than a quick death. With the scale of spending now ...when the bills come due for our kids it wont matter anyway.
If we all died a quick death - as would likely have happened had the G20 not acted about as they did - surely "our kids" would not have survived so it would not have mattered - no?
I do have difficulty in understanding those who think that the even bigger financial disaster that was facing us in 2008 would have been a great thing. Collapse of all banks, most businesses, unemployment likely up around the 20 to 35%.
Yep, sounds like a super bit of medicine to take. Would have benefited us all. And those kids who you worry about would have been the most affected. They were in the 1930s and that is what beckoned.
Aus suffered as badly as anywhere in the 30s, not least because our crazy Fed government insisted on paying back UK bankers a debt that had in part been incurred supporting our troops fighting in France. And they were fighting for - guess who???
The lack of sorting out the financial sector after is the main problem, but tell me, who is defending Wall St these days?