Chronicles Of Depression 2.0: #225

What if the bailout plan doesn’t work?

Lawmakers raised doubts Monday about what would be the largest government bailout in American history, but a bigger, more terrifying question lurked right under the surface: What if it doesn’t work?

Failure, says one insider, is not an option.

“The alternative is complete financial Armageddon and a great depression,” said a former Federal Reserve official. “Where do they go after this? Well, the U.S. government could nationalize the banking system outright.”

Emphasis added by me.

What the fuck do you think I’ve been screaming about since January?!!?

While almost no one wants to dwell publicly on the possibility that a $700 billion package could simply be too small to forestall a financial meltdown, privately some aides were already thinking of what the government might do if the Treasury plan passes but fails.

Emphasis added by me.

And you’ll hear it here first now too: The bailout will FAIL.

They are applying old self-destructive greedy solutions to a problem that requires — for lack of a better business-y term — massive amounts of Slack.

Slack!

This is not something any of them are prepared to give.

And since they want to keep holding tight, they will strangle to death the very thing they’re trying to save.

They are seeking a logical solution. This requires a stochastic solution.

Unless, so disgusted with themselves, they invoke Spite and burn down the entire fucking jungle.

I have news for them:

Every single one of you will understand when all the ATMs stop working.

Wait until you have to go around asking people for money — just like the homeless!

And that will be only the beginning of your humiliation!

Explore posts in the same categories: Bank Collapse Watch, C.O.A.T. - Belief, C.O.A.T. - Money, C.O.A.T. - Politics, C.O.A.T. - Scams, C.O.A.T. - Self-Defense, Depression 2.0, Politics, Stock Market Crash Watch

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: