banks would all be insolvent if there was mark to market
accounting.....if we don't have QE3.....we could give back quite a
bit of these PONZI gains...i agree. But somehow I don't believe the
FED or the politicians have the stomach to let it play out.
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banks would all be insolvent
Does anyone remeber the last big move that wasn't correlated to the dollar?
Posted by dylan398 on 1st of Jun 2011 at 02:05 pm
banks would all be insolvent if there was mark to market accounting.....if we don't have QE3.....we could give back quite a bit of these PONZI gains...i agree. But somehow I don't believe the FED or the politicians have the stomach to let it play out.