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Bailouts

  • Tue, Sep 02, 2008 - 06:55am

    #2
    Demi.Moaned

    Demi.Moaned

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    Joined: Aug 24 2008

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    Bailouts

I guess there would be an implosion if the defaults were realized. Isn’t that what all these bailout programs are for? We keep hearing about institutions that are too big to be allowed to fail. Doesn’t the government essentially cover the debt (creating more money)?