Current Events — HabitableZone

Current Events » in reply to Talk about cold-blooded

You have it backwards.
SDAI-Tech1 — (archived)

It's because there are 200 European comapnies and 100 Japanese companies and another 75 Hong Kong companies that will be buying up the assets of the failed US mortgage companies and banks that the depression will be much less consequential.

It's simply going to be a paring down process.

When it rains, the rain falls and then evaporates into clouds when the sun hits it. Some clouds get bigger and others smaller. THe financial sector will be just like that. Good companies will absorb the bad ones. Smart lenders will inherit the markets.

You should be thrilled. The day the meek have awaited is at hand.

All those corrupt fatcats who have left a trail of destruction in their wake will find no one who wants to do business with them anymore.

That's what this is all about. The backroom deals, winks and collusion come back to bite the participants.

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