The Real Estate

'The Losers Have Insufficient Money to Pay the Winners'

'The Losers Have Insufficient Money to Pay the Winners'
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"For every buyer there is a seller, so the amounts lost would zero out and no party would gain an advantage. We would just get to reset the clock. This is as fair as things can be made, given where we are. What is causing the panic in the markets right now is the realization that the losers have insufficient money to pay the winners. The domino effect of multiple collapses cannot be stemmed by any government, even by running the printing press overtime. The only solution is to wipe the underlying derivatives off the books and ensure these bets are never made again by creating laws to send those who make them in the future to jail." ["Bob Knakal Will Not BS You About the Wall Street Crisis"]

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