Home › Forums › Financial Markets/Economics › How did they come up with 700 billion?
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October 2, 2008 at 11:13 AM #279471October 2, 2008 at 11:44 AM #279759HereWeGoParticipant
Bernanke said 700B is 5% of the mortgage market in one of the hearings.
October 2, 2008 at 11:44 AM #279481HereWeGoParticipantBernanke said 700B is 5% of the mortgage market in one of the hearings.
October 2, 2008 at 11:44 AM #279799HereWeGoParticipantBernanke said 700B is 5% of the mortgage market in one of the hearings.
October 2, 2008 at 11:44 AM #279750HereWeGoParticipantBernanke said 700B is 5% of the mortgage market in one of the hearings.
October 2, 2008 at 11:44 AM #279811HereWeGoParticipantBernanke said 700B is 5% of the mortgage market in one of the hearings.
October 2, 2008 at 12:29 PM #279506Dougie944Participant1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.
October 2, 2008 at 12:29 PM #279776Dougie944Participant1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.
October 2, 2008 at 12:29 PM #279783Dougie944Participant1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.
October 2, 2008 at 12:29 PM #279836Dougie944Participant1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.
October 2, 2008 at 12:29 PM #279824Dougie944Participant1 trillion would have sounded too large…so lower it a little…say $700 billion. When they come back in a few months, we will be able to handle the trillion dollar draw.
October 2, 2008 at 12:39 PM #279801LostCatParticipantWhat happens if the bail out isn’t approved? America is being hit with the perfect storm..
-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get?October 2, 2008 at 12:39 PM #279862LostCatParticipantWhat happens if the bail out isn’t approved? America is being hit with the perfect storm..
-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get?October 2, 2008 at 12:39 PM #279849LostCatParticipantWhat happens if the bail out isn’t approved? America is being hit with the perfect storm..
-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get?October 2, 2008 at 12:39 PM #279808LostCatParticipantWhat happens if the bail out isn’t approved? America is being hit with the perfect storm..
-We’re no longer living on borrowed money (no more homes to cash out of)
– We have no industry here (no bottomline)
– Everyone lives on Credit Cards (so what happens when people lose their job and can’t pay credit card companies).
– Are credit card companies the next to need a bail out?
– What about govt. Who bails them out? Look at the state of Ca, look at the city of San Diego, look at everything. It’s all coming apart.
– what could turn the economy around, if anything? Is there anything? short term. and how ugly can it get? -
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