CNBC Bull Bear Debate 08.17.07 - (1/3)
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9:39
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best balance sheets in years?!?!!?
oops!!!??!!?
mongobobo 3 years ago
yeah, look into the Wiemar republic germany. Thats more like it will be.
tommyisirish 3 years ago
Yes lets, it was supposed to be a little bit sarcastic face ;) But still.. Iv been reading stuff about the 30's and its scary, beggar thy neighbor -devaluations, people scrambling coal with bare hands, while machines lay idle beside.. Debtors and Lenders refuse to settle issues, therefore they drive the whole REAL economy to a halt.
karhu1913 3 years ago
no lets turn it to a =]
the recession is the solution, it is the correction in the market, and companies need to fail.
tommyisirish 3 years ago
Most of those financial companies that was shown on the board are gone :(
karhu1913 3 years ago
And they did! Whole nations are going BK!
karhu1913 3 years ago