[quote=livinincali][quote=flyer]
As far as exploring the possible options available in closing the “wealth gap,” I’m very much enjoying reading the in-depth analysis both you and CAr are providing. This is a big issue, and one that I believe will effect more and more people as time goes on.
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The answer to closing the wealth gap is super simple. When the next crash occurs, DON’T BAIL ANYBODY OUT. The end. It’s really that simple. In most cases one man’s wealth is another man’s debt. Let the bad debt go bad and the wealth gap resolves itself.[/quote]I agree 100%. No more bail out. I’d love to pick up some rentals pennies on the dollar the next time around.
