Date: 2009-07-23 08:47 pm (UTC)
From: [identity profile] merig00.livejournal.com
That's the worst case scenario if all banks, loan holders including treasury bonds collapse at the same time

Date: 2009-07-23 09:16 pm (UTC)
From: [identity profile] rezoner.livejournal.com
No, it's not :) Just, for example, check this statement:

"Issa, the committee’s ranking Republican, said the $23.7 trillion figure was “about 30 times what you would have if you gave away $1 million a year from the birth of Christ until today--just for somebody to try to figure out if that’s true or not.”

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