posted by rick on October 2nd, 2008 at 2:23AM
If you're looking for a catalyst to a revolution, wouldn't a complete and utter collapse of the economy serve that purpose as well?
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posted by Driusan on October 2nd, 2008 at 10:56PM
Yes. I guess I wasn't clear.
I think the bailout will ensure that the economy recovers for a bit in the short term, but there's a depression or outright collapse in the long term. The obvious alternative (no bailout) would mean that there's a recession in the short term, but people learn and the market eventually corrects itself in the long term. Therefore, I support the bailout in order to have it act as a catalyst. |
