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Can bailout help US to restore its glory - 9/22/2008 1:49:04 PM
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ravishingshloka
Posts: 6
Joined: 9/22/2008
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The best test of whether the government's $700 billion check will be enough to save the U.S. economy is how much of that money flows back to consumers and companies . Even if the government gets Congressional approval this week to buy bad debts off banks' books, satisfying some of their cash needs, the financial sector will still need to raise money -- and investors haven't exactly been lining up to help. Unless banks can find funding somewhere, they won't be eager to resume lending, and that will leave the economy sputtering. What is your take on this?
http://utvi.myrecourl.com
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RE: Can bailout help US to restore its glory - 9/22/2008 8:03:16 PM
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ta_mosquito
Posts: 11461
Joined: 3/31/2005
From: from MN, now in Ontario :D
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