JP Morgan's "cash position" showed that actual cash held has deteriorated radically. | |
Anonymous Coward User ID: 772877 United States 10/24/2009 10:07 AM Report Abusive Post Report Copyright Violation | The simple fact of the matter is that all of the Banks that are main holders of mortgage backed securities are technically bankrupt. B of A, Citi, Chase are all BK! They are trying to scavange money in any way possible to continue to make payroll. My guess is that without another massive Fed bailout, they will collapse within days. |
mothra User ID: 779743 United States 10/24/2009 10:09 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 798770 United States 10/24/2009 10:10 AM Report Abusive Post Report Copyright Violation | |
Macatawa (OP) User ID: 758222 United States 10/24/2009 10:21 AM Report Abusive Post Report Copyright Violation | |
anonymous User ID: 801637 United States 10/24/2009 10:32 AM Report Abusive Post Report Copyright Violation | folks swamped thier budgets then they had no financial breathing room any more then charged food gas med etc.. stop building a lifestyle system you cannot afford later on. live on one income. you have to do it any way if one of you is out of work. couples should stop atonce building a two income lifestyle.. long term economic is not gonna get better for years.. |
Anonymous Coward User ID: 772877 United States 10/24/2009 10:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 767411 United States 10/24/2009 11:05 AM Report Abusive Post Report Copyright Violation | |
Macatawa (OP) User ID: 758222 United States 10/24/2009 11:19 AM Report Abusive Post Report Copyright Violation | Where is all this cash the Fed is printing? China? Quoting: Anonymous Coward 767411I think all that cash is about to explode into hyperinflation as much of it is sitting in the holdings of foreign governments who are now in the process of dumping it on to the market thus forcing down the value. We are all agreed that your theory is crazy. The question that divides us is whether it is crazy enough to have a chance of being correct. Niels Bohr |
Anonymous Coward User ID: 752389 United States 10/24/2009 01:10 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 801745 Argentina 10/24/2009 01:11 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 801745 Argentina 10/24/2009 01:11 PM Report Abusive Post Report Copyright Violation | |