
Originally Posted by
ckice168
although the crisis is hitting hardest in the USA we all have to remember that this is the USA your talking about. no matter what happens, this will all be good for the global economy in the end. this is check and balance happening. its been going to good to be true since the 2001 financial crisis, 9-11. what is happening is a weeding of the weaker institutions. as for the banking sector, the saying too big to fall is holding. banks like, citi, jp, ba, wellsf are simply too large to fall. anyone of these banks falling would cause too much trouble to clean up.