Wouldn't it be great to be JP Morgan, buying 307B in WaMu assets, paying less then 2B, and then if congress passes the 700B bailout, selling probably 10s of Billions of Toxic Assets to us!
That's perhaps a 1000% return on one days work, pretty good deal I'd say, perhaps the greatest in history.
You have that low of an Unemployment rate? I will not comment on what will happen with your economy during this upcoming dark October, but I know here in the Western World we are going to get hit really hard. I hope you guys pull through it and you don't fall in a depression. USA is weeks away from one!
Wouldn't it be great to be JP Morgan, buying 307B in WaMu assets, paying less then 2B, and then if congress passes the 700B bailout, selling probably 10s of Billions of Toxic Assets to us!
That's perhaps a 1000% return on one days work, pretty good deal I'd say, perhaps the greatest in history.
virginlampoil 3 years ago
You have that low of an Unemployment rate? I will not comment on what will happen with your economy during this upcoming dark October, but I know here in the Western World we are going to get hit really hard. I hope you guys pull through it and you don't fall in a depression. USA is weeks away from one!
endlessmountain 3 years ago
I'd like someone to explain why productivity in NZ is falling and what can be done about it.
cybersphere 3 years ago