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BGonline.org Forums
What's your opinion on the $700bn bill?
Posted By: Michael Petch In Response To: What's your opinion on the $700bn bill? (Chuck Bower)
Date: Thursday, 2 October 2008, at 5:23 p.m.
As a non American using the word Depression may suggest I am anti-american, and an overzealous alarmist. The world can't afford the US to be in a depression. Maybe I have to chalk it up to wishful thinking.
Bailout or no Bailout (I use the word Bailout loosely since I think it is an incorrect moniker for the legislation) - the American economy is in decline. Government intervention will likely only delay the inevitable.
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