Quote from: myrkul on July 22, 2011, 11:32:02 PM

Quote from: niemivh on July 22, 2011, 11:29:21 PM

So a deflationary panic meltdown of the market by cutting off all new credit?

This would result in millions of deaths and probably WWIII.

Try again.

If you know what is at the end of the road in the first place, why start down it?

Because this path is preventable and we are choosing it by our actions and beliefs.

This is not an inevitable outcome. It depends on the choices we make.

If we choose to cause a deflationary crash in hope that "the market" will save us many will die, this is a fact. That is why I implore you to reconsider what you think a recovery program would look like.