Politics
Politics
Out of context: Reply #677
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- johndiggity0
every major player in finance is going to have to pay premiums to get in this deal, if they want their money insured by the us government. plus this is probably only going to last for one year max. the government is basically acting as a big bank, making money not only on the interest spread, but the premiums as well. 700 billion spread across just about every major investment and commercial bank in the world is not a lot in the scheme of things.
- Ah, so it will all work out. Like say, the way the Iraq war paid for itself.TheBlueOne