It might be good news to hear the bail out for all of us, if we never ask questions. In the surface, we only see the money or credit pump into the market. So most of us are happy to say the government is saving our economy. After several months, you may have easy credit to apply for and spend more.
So are you really better now? I don’t think so.
Most of us are feeling tight with the limited credit access especially on the economic downtown. Eager for economic confidence, eager for credit…
I love cash, but it doesn’t mean I have to hate credit…
The positive side, the credit means hell of investment; gives a boom to economic development…
The dark side of credit, it is like drug, the more credit you use, the more you want. When everyone is additive to credit, the economy is up to the “drug dealers” banks, stock markets. Who are the role players: credit addictives (people like you and me); credit dealers (banks, investing banks, mortgage markets, stock markets); credit owners (Federal Reserve Banks).
The left is your thought.
