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Re: wanda how much lower
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Th seem reasonable because yo are using common sense to analyse ir. Just lets assume that 90% of the banks in the country is insolvent and are closed by the Feds.
What would happen to all the businesses that depend on li8nes of credit to operate?
Allright,you may want to close those businesses too,because they will also become insolvent. The fact that they employ the majoroty of workers and supply much of the rawx materials that other bisinesses rely on to do business. How better would thatsenariomake the economy?? </div></div>
im not suggesting the gov do nothing. I think that if insolvent banks are wrapped up solvent banks will quickly move in and take their place. I think that the gov could put a facility in place to provide bridge financing for companies who are dependent on lines of credit and are losing them because of failing banks
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Th seem reasonable because yo are using common sense to analyse ir. Just lets assume that 90% of the banks in the country is insolvent and are closed by the Feds.
What would happen to all the businesses that depend on li8nes of credit to operate?
Allright,you may want to close those businesses too,because they will also become insolvent. The fact that they employ the majoroty of workers and supply much of the rawx materials that other bisinesses rely on to do business. How better would thatsenariomake the economy?? </div></div>
im not suggesting the gov do nothing. I think that if insolvent banks are wrapped up solvent banks will quickly move in and take their place. I think that the gov could put a facility in place to provide bridge financing for companies who are dependent on lines of credit and are losing them because of failing banks
nu mek TG hear me 
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