Thread: Lehman Brothers
View Single Post
tabs tabs is offline
A Man of Wealth and Taste
 
tabs's Avatar
 
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Let us put it to ya this way. If the Fed and the Treasury thought Lehman would take down the system they wouyld have bailed out Lehman. They stepped up to the Bear, they have bailed the Freddie and Fannie. They have drawn the line in the sand and said OK we can take the hit. They are not inclined to let the system crumble.

Don't cha get it we are in a period of time that could make the Great Depression look like a hiccup. The equivalant in a natural diaster would be an asteroid hitting the earth. KISS EVERYTHING YOU HAVE EVER KNOWN GOODBYE. Every financial institution on the planet is "INTERCONNECTED" nothing will be left standing which is unlike any other time in history. Everybody is holding US DOLLARS. Everybody is holding US paper. NOW if suddenly tommorow NOPBODY WANTS US PAPER...then where is the deficit and debt going to be funded?????

NOT ONE OF YOU PEOPLE HAS THE SLIGHTEST CONCEPTION OF WHAT THE GREAT DEPRESSION WAS LIKE.NONE Anybody who would even think that it would be remotely desireable is out to lunch. They are not even on this planet.
__________________
Copyright

"Some Observer"
Old 09-15-2008, 02:34 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #15 (permalink)