George Rebane
Would you lend money to someone who already owes you more than he can repay, wants you to loan him more so he can use some of it to pay you the interest on what he currently owes (a la Madoff), and owns a printing press that is already printing his debt to you into oblivion?
(If YES, then when would you stop?)
I would make those loans, as does China, as long as it remains the fuel of my economy. The minute that ends, however, I'd be calling in every note, as will China.
Posted by: Michael R. kesti | 02 May 2011 at 06:26 PM
Maybe then Todd Juvinall should pay back the bank for the losses they took with his failed business adventures?
Posted by: David Greene | 04 May 2011 at 12:55 AM
No failures here Enos/Pelline. You guys are a hoot.
Posted by: Todd Juvinall | 04 May 2011 at 07:48 AM