TELL THE MAN THAT IS PRONE TO MISUNDERSATND!!

What is happening?

Honestly. I have little knowledge of economics.

I have money in my pockets. I buy food.

I lose my job. I don't pay my bills.

That is what I know. What I know right now is that a lot of people cannot pay their bills. Not just "regular" people, not just "rich" people, not just "poor" people. People are losing things they worked their whole lives for.

When the economy fails, things get mixed up. Wars have saved us in the past. I don't think it's going to work this time.

Truthfully, my tangible connection to the market is unknown to me. I feel like I've helped worsen the situation, due to my lack of financial responsibility. Sadly, I have known a few people that lost their houses.

To be curt, I don't want that to happen anymore. That statement pretty much embodies my knowledge and goals for the economy.

As for the bailout, people ask questions like "shouldn't failure be the price of failure?"

My question is:

Is this bailout going to prevent any sort of redistribution of wealth?


After the Great Depression, prohibition ended and the United States entered World War II and the Middle Class was born. Sadly, we had to suffer through the Great Depression first. If this is a depression (recession), how far along do you thing we are? At least halfway, right?

Just explain to me how these things are supposed to work. I'm about to breakdown and use wikipedia...Which is not a source any man should trust.

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I have yet to resort to wikipedia. However, I haven't ventured to the New York Post and Wall Street Journal. I'm stuck on MSNBC. Which, I might add, is riddled with grammatical errors. (The first few article I read were alright, but the last one was informative, but read like a rough draft.)

What I predict is that without these bailouts, the wealth of the world will be redistributed. I'm not talking just America. The world.

If there are first world countries and third world countries, soon we will be talking about second world countries. There will a "middle class" in our new, totally globalized, earth.

This may scare most Americans. We aren't actually on the top of the world anymore, but most people want to believe we should be there and stay there.

This will be a great purging. Think of this as the whole western world's Great Depression.

When it's all over, my only hope is to be living better.