Quote:
Originally Posted by jbearamus
1. i think most banks are probably stable at this point, if they weren't they probably would've died off by now
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Ignorance is bliss I guess..(I don't mean it in a bad way)..but let me explain something...the banks have this thing called "Papers" which have 0 value cause no one wants them BUT banks claim they are worth X$ and put it into their net worth...the banks are in a REALLY REALLY horrible shape...
and on that note..a lot of people think that the US government prints the money..thats not the case..the banks are in charge of that and when people were complaining how government is bailing out the banks..its more of the banks bailing out themselves.
Its so bad that when Congress asked to look into whats going on they refused saying if you do, you would collapse the entire economy.
And nextel..they could have merged it into sprint and use both CDMA and iDen for voice..that way our data wouldn't die when we get a phone call >.>
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Iolite No Vapor