Merrill Lynch issues U.S. financing warning (debt, money, income)

[Mullenite]

http://www.telegraph.co.uk/money/main.j ... ebt116.xml

If this happens... game over. Will the 'Fed' print it all up and weaken the dollar even further, while causing hyper-inflation and further stress on peoples' incomes? What a stinking, corrupt financial mess and disaster we have in this country... wow!

[JoeyT]

Cheer up! The stock market rose 500 pts. in the last 2 days. Everything must be okay.

[KevK]

Originally Posted by Mullenite

http://www.telegraph.co.uk/money/main.j ... ebt116.xml

If this happens... game over. Will the 'Fed' print it all up and weaken the dollar even further, while causing hyper-inflation and further stress on peoples' incomes? What a stinking, corrupt financial mess and disaster we have in this country... wow!

If the worse happens the Fed will have little choice but to finance a sale or rescue package. It is not like the Fed wants to keep bailing out these giant institutions but that they HAVE to keep bailing them out.

[KevK]

Originally Posted by JoeyT

Cheer up! The stock market rose 500 pts. in the last 2 days. Everything must be okay.

I agree.