Tuesday, May 4, 2010

Too Big To Bail

Too big to Bail (out) that is. With all the talk over the past few years that revived the saying of too big too fail that until this financial crisis hadnt come up since the failure of Long Term Capital Management.

So what is TOO BIG TOO BAIL? well it seems with the problems of the four little piggies that went to the market (PIGS) portugual Ireland Greece and Spain that we have a large problem of countries that are too big too bail out but yet that have the issue of dismal rates of GDP in comparison to their total tax revenue. So now you have countries that people do NOT want to bail out because they will cause more problems and really are not worth helping out. So too big too bail means stay away and let the invisible hand that Mr. Adams has designated do its magical work.

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