Thursday, April 09, 2009

Stress Test for Banks

The bank stress test will tell us how bad things are - right? Actually, I have a bad feeling like we could have a bank holiday soon. If things are getting worse many banks that are healthy now will not make it.

Sadly, I feel that things will get worse as the gov runs out of money to prop up failing banks. This could lead to a catastrophic collapse in our economy.

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