Sandman 423
toting the rock
- Joined
- Jul 21, 2010
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They are easing right back to the same lending practices that got us here in the first place.My point is that a government only goes "bankrupt" when it's unable to tax or borrow enough to pay its obligations. And right now we're a long way from that. Thus, I do not see a disastrous recession on the horizon due to that (alone).
There are other factors out there which might cause a recession. But there's no obvious bubble that portends a worse one than 2008.