The USA government is taking money from new investors (tax-payers) and giving it to old investors (bankrupt giant companies)
There is 100% possibility/chance that the giant companies will shut down. Past history says bankrupt companies do not survive for long because they are already bankrupt. Also now "sales future" is not guaranteed because $60 trilion loss has destroyed world economy.
Now the question: Is $1 Trillion bail-out "big ponzi"?
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21-01-2009, 05:24 PM #1
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Is $1 Trillion bail-out "big ponzi"?
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21-01-2009, 10:54 PM #2
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That is one way to look at it, but in reality it's not it's just tax payer dollars going to help large companies. Call it anything you want..
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