(April 14, 2011 at 9:14 am)theVOID Wrote: Your creditors are better off cutting the strings, the less money they loan them the less they will inevitably loose, they've already got next to no chance of recovering their loans, do you think China is going to loan you another trillion dollars when it's probably not going tom get back a fraction of the 1.4 trillion you already owe?
Exactly. If you default on $1 million, you're in trouble. If you default on $100 million, the bank is in trouble.
"How is it that a lame man does not annoy us while a lame mind does? Because a lame man recognizes that we are walking straight, while a lame mind says that it is we who are limping." - Pascal