It looks like many of the countries throughout the world are adopting the British plan of guaranteeing inter-bank lending and recapitalizing the banks. This might actually work!
I know I am crossing my fingers…
I have to admit King is a pretty good central banker! Kudos…
Jim Rogers recommends:
"The way to solve this problem is to let people go bankrupt," Rogers said.
"Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren’t sound and we will start over. This is the way the world has worked for a few thousand years."
Is this man insane? Here is why Jim Rogers in my opinion is talking garbage.
 |
|
Know the best credit cards for bad credit? Looking for the cheapest cash-advance loans? Interested in FOREX trading?
|
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Sep | Nov » | |||||
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 | ||
