Report shows strategic defaults increasing

[Arraya]

Actually, you could blow up every bank in the world along with wall street put the dow at zero and the world would be fine. It does not change the natural order of things one bit.

[briansd1]

[quote=Arraya]Actually, you could blow up every bank in the world along with wall street put the dow at zero and the world would be fine. It does not change the natural order of things one bit.[/quote]

I agree Arraya.

When the debts become unsustainable and the financial system collapses, we will just hit the reset button. Leaders will get together and reallocate the assets. Military armadas will be moved around to provide for best negotiating positions.

There won’t be Armageddon, just a rearranging of the pieces.

In the mean time, we need credit to flow so that economic activity continues uninterrupted and so that Walmart store stay fully stocked.

[briansd1]

[quote=Arraya]Actually, you could blow up every bank in the world along with wall street put the dow at zero and the world would be fine. It does not change the natural order of things one bit.[/quote]

I agree Arraya.

When the debts become unsustainable and the financial system collapses, we will just hit the reset button. Leaders will get together and reallocate the assets. Military armadas will be moved around to provide for best negotiating positions.

There won’t be Armageddon, just a rearranging of the pieces.

In the mean time, we need credit to flow so that economic activity continues uninterrupted and so that Walmart store stay fully stocked.

[briansd1]

[quote=Arraya]Actually, you could blow up every bank in the world along with wall street put the dow at zero and the world would be fine. It does not change the natural order of things one bit.[/quote]

I agree Arraya.

When the debts become unsustainable and the financial system collapses, we will just hit the reset button. Leaders will get together and reallocate the assets. Military armadas will be moved around to provide for best negotiating positions.

There won’t be Armageddon, just a rearranging of the pieces.

In the mean time, we need credit to flow so that economic activity continues uninterrupted and so that Walmart store stay fully stocked.

[briansd1]

[quote=Arraya]Actually, you could blow up every bank in the world along with wall street put the dow at zero and the world would be fine. It does not change the natural order of things one bit.[/quote]

I agree Arraya.

When the debts become unsustainable and the financial system collapses, we will just hit the reset button. Leaders will get together and reallocate the assets. Military armadas will be moved around to provide for best negotiating positions.

There won’t be Armageddon, just a rearranging of the pieces.

In the mean time, we need credit to flow so that economic activity continues uninterrupted and so that Walmart store stay fully stocked.

[briansd1]

[quote=Arraya]Actually, you could blow up every bank in the world along with wall street put the dow at zero and the world would be fine. It does not change the natural order of things one bit.[/quote]

I agree Arraya.

When the debts become unsustainable and the financial system collapses, we will just hit the reset button. Leaders will get together and reallocate the assets. Military armadas will be moved around to provide for best negotiating positions.

There won’t be Armageddon, just a rearranging of the pieces.

In the mean time, we need credit to flow so that economic activity continues uninterrupted and so that Walmart store stay fully stocked.

[SD Realtor]

Fantastic posts. I think you post to read what you write. Bottom line is none of what you said addressed my points. To me the bailouts are a waste of money, have kept the corrupt in power (and I don’t mean politically), killed the natural cycle of real estate bust and boom cycles, punished those who have saved diligently, heaped trillions of debt upon the taxpayers, and will result in delaying the recovery perhaps substantially. I don’t buy the dog and pony show about keeping the social order you referred to.

[SD Realtor]

Fantastic posts. I think you post to read what you write. Bottom line is none of what you said addressed my points. To me the bailouts are a waste of money, have kept the corrupt in power (and I don’t mean politically), killed the natural cycle of real estate bust and boom cycles, punished those who have saved diligently, heaped trillions of debt upon the taxpayers, and will result in delaying the recovery perhaps substantially. I don’t buy the dog and pony show about keeping the social order you referred to.

[SD Realtor]

Fantastic posts. I think you post to read what you write. Bottom line is none of what you said addressed my points. To me the bailouts are a waste of money, have kept the corrupt in power (and I don’t mean politically), killed the natural cycle of real estate bust and boom cycles, punished those who have saved diligently, heaped trillions of debt upon the taxpayers, and will result in delaying the recovery perhaps substantially. I don’t buy the dog and pony show about keeping the social order you referred to.

[SD Realtor]

Fantastic posts. I think you post to read what you write. Bottom line is none of what you said addressed my points. To me the bailouts are a waste of money, have kept the corrupt in power (and I don’t mean politically), killed the natural cycle of real estate bust and boom cycles, punished those who have saved diligently, heaped trillions of debt upon the taxpayers, and will result in delaying the recovery perhaps substantially. I don’t buy the dog and pony show about keeping the social order you referred to.

[SD Realtor]

Fantastic posts. I think you post to read what you write. Bottom line is none of what you said addressed my points. To me the bailouts are a waste of money, have kept the corrupt in power (and I don’t mean politically), killed the natural cycle of real estate bust and boom cycles, punished those who have saved diligently, heaped trillions of debt upon the taxpayers, and will result in delaying the recovery perhaps substantially. I don’t buy the dog and pony show about keeping the social order you referred to.

[(former)FormerSanDiegan]

[quote=briansd1]

You make an excellent point jpinpb.

Debt repayment does not contribute to economic activity. You need spending on goods and services to support the economy.

So the deadbeats are doing the right things and helping us avert a deeper recession by not paying the banks and spending on other things.
[/quote]

This is not necessarily true. Consider the flip side. Some person, group of persons, pension fund or other entity or group of entities was expecting a return on their money.

If you have money in CDs for example, you might use the interest to buy stuff. If the holder of the CD stops paying, guess what, you no longer have that income to buy stuff.

Furthermore, the loan repayments not being made back to the bank result in less capital available within the banking system for providing lending for productive purposes.

[(former)FormerSanDiegan]

[quote=briansd1]

You make an excellent point jpinpb.

Debt repayment does not contribute to economic activity. You need spending on goods and services to support the economy.

So the deadbeats are doing the right things and helping us avert a deeper recession by not paying the banks and spending on other things.
[/quote]

This is not necessarily true. Consider the flip side. Some person, group of persons, pension fund or other entity or group of entities was expecting a return on their money.

If you have money in CDs for example, you might use the interest to buy stuff. If the holder of the CD stops paying, guess what, you no longer have that income to buy stuff.

Furthermore, the loan repayments not being made back to the bank result in less capital available within the banking system for providing lending for productive purposes.

[(former)FormerSanDiegan]

[quote=briansd1]

You make an excellent point jpinpb.

Debt repayment does not contribute to economic activity. You need spending on goods and services to support the economy.

So the deadbeats are doing the right things and helping us avert a deeper recession by not paying the banks and spending on other things.
[/quote]

This is not necessarily true. Consider the flip side. Some person, group of persons, pension fund or other entity or group of entities was expecting a return on their money.

If you have money in CDs for example, you might use the interest to buy stuff. If the holder of the CD stops paying, guess what, you no longer have that income to buy stuff.

Furthermore, the loan repayments not being made back to the bank result in less capital available within the banking system for providing lending for productive purposes.

[(former)FormerSanDiegan]

[quote=briansd1]

You make an excellent point jpinpb.

Debt repayment does not contribute to economic activity. You need spending on goods and services to support the economy.

So the deadbeats are doing the right things and helping us avert a deeper recession by not paying the banks and spending on other things.
[/quote]

This is not necessarily true. Consider the flip side. Some person, group of persons, pension fund or other entity or group of entities was expecting a return on their money.

If you have money in CDs for example, you might use the interest to buy stuff. If the holder of the CD stops paying, guess what, you no longer have that income to buy stuff.

Furthermore, the loan repayments not being made back to the bank result in less capital available within the banking system for providing lending for productive purposes.

[Author]

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