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"why are you guys so fucking stupid?!! This guy is doing so many great things already. You wanna talk about bailouts, lets talk about them. If you think things are bad now, letting the banks fail would have changed the world dramatically, and not for the better. No banks would mean no credit. No credit would mean bubble pops (much worse than what we've seen so far). If bubble pops tax revenue plummets. No tax revenue would mean the USA can't even pay the interest payments on their debt. The USA would DEFAULT on their debt!! China would come crashing down right with us since they own a ton of our debt and that debt would now be worhtless. On top of that we're their main consumer so I think its safe to say they'd be hurting as bad if not worse than the USA. If the top economies in the world plummet, it also safe to say the rest of the world is going to have a rough time as well.
Great stuff bro.
