I know pretty much next to nothing about international economics, even after working for a bank for 2 years. Mostly because I don't really care. Math bad. But with all this stuff going on lately, it makes one sit up and pay attention. And I wonder...is it just me, or does it seem like there a HUGELY creepy potential for abuse and who knows what all once the government owns all the banks? I mean, from what I know it sounds like the best idea at the moment to use government money to support banks who are saying they're all out but...what happens 5 years from now when the government doesn't want to sell the banks back to the people? I know Fannie Mae and Freddie Mac were both sortof run/owned by the government but not. So I guess it can be done. But...eeeeeeeeee.
That's why I keep all my money under my mattress. Which reminds me, I had the strangest dream last night of being pushed around town on my bed. Hmmm....
Didn't see me ending this post like that, did ya?