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Old 12-19-2007, 02:46 PM
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Quote:
Originally Posted by Eric5273
Supply is only one side of the equation that determines how much something is worth.

And as far as the Fed goes, it is completely unnecessary. It is simply a handout of taxpayer dollars to the large bankers.
You have to look a bit deeper that that. The loans are given to stabilize the financial markets. Everyone with investments (including you) benefits from stable markets. It's clear that the rippling effects of the sub-prime loan collapse reach across business sectors and national borders. It's not just about the US banks - it's also about you and me and anyone else with investments.
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