I hear the GOP candidates were asked in the debate last night if they would bail out the too-big-to-fail banks if the same thing happened under their watch.

The shocking answer comes today from Stifel Financial chairman Ron Kruszewski on FBN.  He said the banks today wouldn't fail like that today because they're "too well capitalized"!

I've been reading and watching a steady diet of the opposite opinion for some years now.  Derivative bets played a big role in the collapse and I understand the derivatives market has expanded massively.  And debt is deeper everywhere.

Are we really better off today than we were eight years ago?  Or are we in fact in worse shape?

I think there's a reason why today's US currency is colored the same as monopoly money.

Quote from: Justaguy on December 25, 2015, 04:19:59 AM
I think there's a reason why today's US currency is colored the same as monopoly money.

^ 

That's what I've being thinking for a long time.  The Government just prints what it needs.