View Poll Results: What will be the result of the bailout
Voters: 16. You may not vote on this poll
will the bailout work
#2
Prime Minister/Moderator

Joined: Jan 2006
Posts: 44,618
Likes: 558
From: Engines Turn or People Swim
I think it will function as an insurance policy...
Do we need it for certain? No.
Might things recover OK without it? Possibly.
Will it guarantee success? No.
It provides some protection against the worst case scenario and may speed the recovery, but at a price. Hopefully that price will be well-managed.
Do we need it for certain? No.
Might things recover OK without it? Possibly.
Will it guarantee success? No.
It provides some protection against the worst case scenario and may speed the recovery, but at a price. Hopefully that price will be well-managed.
#3
Line Holder
Joined: Aug 2008
Posts: 31
Likes: 0
When things go really, really well (more towards the long term), the gov't will most probably make money when they sell the bad debt and make money off it. THe market will take a little while to stabilize, but once it does, chances are 2/3 of the money spent will be recovered, and the bailout will have cost less than originally planned. Hard lesson to swallow and hopefully we will not find ourselves in this situation ever again.
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