Can't President Bush execute an executive decree to annihilate, or wipe verbs adjectives credit?
All the credit owed by Americans is wiped out, everything rewarded in full, and we start over again. We retribution for it by printing more money and paying off the credit corporations.would that work?
Answers: You COULD do something approaching that. Imagine we printed $9 trillion in extra money and remunerated our debts off. But that $9 trillion is one and only worth $1 trillion because we flooded the market near more dollars.
In essence, if we did this then every American (or holder of US dollars) would own their savings right away reduced to 10% or less! So, WE expiration up paying for that. There would be no difference than if we just billed every man, woman and child $25,000 to erase the debt (that number is close to what we owe per capita).
Well, at hand would be one difference...by printing money at that rate you would then obverse hyperinflation which lasts much longer than the sting of getting a bill for $25K.
Good thinking, but your approach leaves out too plentiful factors to be realistic. Here's one my idea to wrap your mind around. Print the extra money, but DON'T repay the debt off. This will after devalue the amoutn we owe...sort of like those 0% loans until subsequent year offers...the money is worth smaller quantity in a year, so the loan is really -2%! Same entry, devalue the dollar and suddendly we owe less because $9 trillion is worth smaller quantity.
Of course, those who we owe wouldn't be too happy, immediately woudl they?
No. That would cause nation, open market and economy to plunge into the worst luggage senerio in history.
Is Etrade Financial a buy? ETFC??
Is this company a buy around the 5 dollar mark immediately? Who expects this company to better its self and raise contained by stock price? Also what do you think just about CAB, their has be insider purchases of about 65 thousand shares just now and theirs good tell about this company. What do you ponder?Thanks!
Answers: I bought 1,000 shares of E-Trade at $3 bucks a share. I'm going to hold them for 14-17 months. It is my belief E-Trade will gain new accounts as citizens try to save a buck or two and break from their traditional expensive brokers. New accounts denote more revenue for E-Trade. More revenue will allow more breathing room and fexibility so that E-Trade can divest out of bad investments and invest contained by new ones.
I'd stick near buying TROW or XLF as these are better names; TROW is a great brokerage firm, while XLF is an exchange-traded fund that trades a range of banks and brokers. Why buy ETFC when nearby are so many other choices at low valuation (i.e., BAC, WB, WFC, GS, and USB)?
Never look at price alone as a stock can be more expensive at $5 than GOOG is at $516 per share. E-Trade reminds me of New Century Financial last year as they aren't price competitive.
It is single a buy if someone buys them, and then I can't see them paying more than what it is immediately. They still have write downs coming surrounded by the sub prime area..
Advise roughly investers?
My brothers and I own a school project surrounded by uganda in a prime location. Private school are a booming business in uganda. We are looking for partner preferably from abroad to invest within the schoo which covers an area of 6 acres. Does anyone hold any suggestions about aquiring these partnership.Answers: Maybe you could play the UK lottery.