Marshall Ramsey by Marshall Ramsey

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  1. ForThePeople

    ForThePeople said, about 1 year ago

    Housing prices would drop and be more affordable for people who want to buy, and I doubt the car industry wouldn’t figure out how to sell cars. Not to mention there are banks out there that are not tied up in this mess, I’m starting to think let them burn… but like the cartoon… who knows.

  2. motivemagus

    motivemagus said, about 1 year ago

    I agree with both of you, but I don’t think we can take the hit to the economy. Maybe GM deserves to crash (especially when they admitted recently they could have developed hybrid technology at the same time Toyota did), but what will that do to the rest of us? China has ordered its banks to quit giving America credit – that’s a very, very bad sign.

    The question is what can we do to prevent this next time. Obviously the conservative Republican stance of “let ‘er rip!” has failed utterly.