Credit Crunch Solved !!

[Durruti]

For those seeking relief from the unremitting doom and gloom here is 8mins worth of good news.

Fred Thompson explains the solution in simple language - genius!

http://uk.youtube.com/watch?v=7IrR3o7x1ps

[robinhood21]

Nicely summed up.

[Durruti]

coyft said:

Now do you have a link of how he proposes to solve the "credit crunch"?

It's very easy to point out the absurdity of the current solutions, a lot more difficult to suggest a credible alternative.

That maybe because there is no alternative. Unpalatable but the truth nonetheless. Cash is no longer king.....

Here's a starting point.

http://market-ticker.denninger.net/archives/676-To...

But then maybe not, it would require some people to be held responsible for their deeds and that would never do.

[Burgmeister]

or as its not a "real" problem we could just go back to zero and start again?!

[Jimbeaux]

Durruti said:

For those seeking relief from the unremitting doom and gloom here is 8mins worth of good news.

Fred Thompson explains the solution in simple language - genius!

http://uk.youtube.com/watch?v=7IrR3o7x1ps

The sarcasm is as thick as fog! Too bad he did not do better in his run for President.