I wonder, how can things work if failure is not option any more. Please tell me how could it be that a “bank”, too large to fail, is allowed to persist. Is it better to drive a whole country bankrupt? Just imaginge the following numbers 145 billions have been sunk into HRE, the saving of all Germans in 2009 should have been 189 Billions. That means nearly all our savings from (around 80 milliion people) have been burned. How sustainable do you think is that?
I’m afraid a big catostrophy is overdue. What do you think if let’s say DB and CB will get into deeper trouble. We simply can not affort it. So are politicians to be allowed to bring that much harm over us? Well in Germany there is oath to save the population for harm. But what do they do they drove us down the road to perdition. I’m really wondering if we can start fighting them, because they are working against or base law. (the “Grundgesetz”)
How is that different with the US. Isn’t Obama, and Bernanke harming the Americans over any before known bound?
Think about what it means that failure is not an optoin any more. What about responsibility than? There is no “too big” to fail. Even countries have failed and they will fall again in the not to distant future if they allow overtaking all corporations just because they are supposed “to big to fail”. Can you imagine the smash if the US will go down the drain? Just compare that to a failure of all the overtaken businesses. What will harm more people?