What Happens If None of the Govt. Bailouts Work?

[Dayton3]

What will happen to the economy if none of the government bailouts underway have much positive effect on the economy?

What if banks refuse to extend loans any easier and one or more of the big three automakers goes bankrupt anyway?

Seems to me the U.S. govt. is poised to waste a lot of money on something that they have no idea will work or not.

 

[Admiral Bear]

I suggest you look up what's known as Quantative Easing, something which the Swiss government are already looking at.

In a nutshell, it's government printing its own money in order to increase liquidity, and is the route to economic armageddon.

 

[David cgc]

Well, then I guess all the people who invested in ammunition and canned food are going to be laughing at the ones who invested in stocks and gold bullion.

 

[Terengo]

I'm not sure I would mind. I've long believed that an economy based on the manipulation of debt and the need for constant market expansion was ultimately unsustainable. If this is what it takes to get us on track to a better solution, then I'm willing to bite the bullet and ride it out.

 

[Holdfast]

I suggest you look up what's known as Quantative Easing, something which the Swiss government are already looking at.

In a nutshell, it's government printing its own money in order to increase liquidity, and is the route to economic armageddon.

True.

 

[Squiggy]

What will happen to the economy if none of the government bailouts underway have much positive effect on the economy?

 

[Dayton3]

I'm not sure I would mind. I've long believed that an economy based on the manipulation of debt and the need for constant market expansion was ultimately unsustainable. If this is what it takes to get us on track to a better solution, then I'm willing to bite the bullet and ride it out.

I agree.

I think if it gets us away from the idea that the govt. is supposed to manipulate the economy to ease economic problems it might be worth it.

 

[T'Baio]

Tell you one thing, I'm never gonna' buy a domestic vehicle ever again.

Fuck unions.

 

[DanCPA]

What will happen to the economy if none of the government bailouts underway have much positive effect on the economy?

What if banks refuse to extend loans any easier and one or more of the big three automakers goes bankrupt anyway?

Seems to me the U.S. govt. is poised to waste a lot of money on something that they have no idea will work or not.

If none of the government plans stimulate the economy, we will eventually fall into a second great depression... Once that happens, I feel that eventually a nation will get desperate enough and attack another nation... And in the process create a world (or a large regional conflict) war that will stimulate the economy... much like WW2 got the United States out of the depression of the 1930's

 

[DanCPA]

Tell you one thing, I'm never gonna' buy a domestic vehicle ever again.

Fuck unions.

Well, the unions are stupid because they are likely to lose all their influence in a potential bankruptcy of the detroit 3, rather than concede some of it in a bail out
But, in a few years, I will buy a Volt

 

[SeerSGB]

What will happen to the economy if none of the government bailouts underway have much positive effect on the economy?

What if banks refuse to extend loans any easier and one or more of the big three automakers goes bankrupt anyway?

Seems to me the U.S. govt. is poised to waste a lot of money on something that they have no idea will work or not.

If none of the government plans stimulate the economy, we will eventually fall into a second great depression... Once that happens, I feel that eventually a nation will get desperate enough and attack another nation... And in the process create a world (or a large regional conflict) war that will stimulate the economy... much like WW2 got the United States out of the depression of the 1930's

I've been hearing that brought up a lot, more and more, lately. It's not actually that far fetched of an ideal, except I doubt we'll see that working this go around.

What will happen to the economy if none of the government bailouts underway have much positive effect on the economy?

Man, that was one wild BBQ that weekend.

 

[DanCPA]

I've been hearing that brought up a lot, more and more, lately. It's not actually that far fetched of an ideal, except I doubt we'll see that working this go around.

In a prolonged war, we need to begin production of items for the war effort... And that production leads to jobs!

 

[SeerSGB]

I've been hearing that brought up a lot, more and more, lately. It's not actually that far fetched of an ideal, except I doubt we'll see that working this go around.

In a prolonged war, we need to begin production of items for the war effort... And that production leads to jobs!

True. However we in no shape to fight a prolonged war, and I dare say we might not be in shape to hold out in a global war long enough to switch back over to massive war-time production. Remember, we've had massive amounts of military cutbacks.

 

[DanCPA]

True. However we in no shape to fight a prolonged war,

Believe me, the US is ready for a war. The problem with modern US warfare is that we go out of our way to limit civilian casualties, making things harder on ourselves... but we can bomb the living day lights out of most enemies from sea and air and make it so easy for our army to complete the invasion. If we learned anything from Iraq, it's that we can obliterate an enemy. Our problem with Iraq is occupying it, it wasn't defeating it.

and I dare say we might not be in shape to hold out in a global war long enough to switch back over to massive war-time production. Remember, we've had massive amounts of military cutbacks.

We have... but I doubt there is another military out there that really threatens us, even with our cutbacks

Lets face it, US military might is far beyond "second place" (whomever it may be)

 

[Elmo Dukat]

There is very little positive economic history associated with a trend towards centralization.

 

[DanCPA]

There is very little positive economic history associated with a trend towards centralization.

in the defense of the government, they are "investing" in these businesses, and allowing them to become more competitive...
But they are limiting how much true control they have in the companies. Obviously, they are not completely hands off... They are a large investor

 

[bigdaddy]

The same thing if these bailouts do work.

We are fucked!

More so because Paulson is such a dumbass "We'll print more money". NO! Dumbass! NO!

 

[TedShatner10]

If there was a war I wager it would be a internal war where the US Military clears out the country's elite.

 

[Dayton3]

If the U.S. is going to have to fight a war to pull out of depression, then this time we had better make it a war of conquest to seize valuable resources.

Such as Saudi Arabia.

Control of Saudi oil fields would give the U.S. years of breathing space to work on alternative fuels down the road.

Let the Saudis keep Mecca and Medina of course.

 

[Lookingglassman]

These bailouts wont work. I'm sure in a years time we wont be any better off than we are now.