Originally Posted by
atpwannabe
Frankly, I'd rather see some bailouts and more gov't control than to have the financial markets and the economy as a whole implode on its self.
However, according to the head of the IMF, this is just the beginning for all of the world's financial markets. We may be heading toward that one world currency or cashless society after all.
atp
Just another step towards socialized capitalism....
Total bailouts so far equates to about $2000 per person in America
Bailouts are bad long term idea, look at history.