Uneven luck throughout the financial system

Posted by KS on April 7th, 2009 — Posted in World financial crisis

When one thinks about it, some people or financial groups within the global financial system are safer than others. Investment-wise, some folks are luckier than some. Take for example some creditors in the United States.

What’s their secret? Well for one, these creditors and lenders don’t have to let go of their stocks. That’s the basic mechanism for ailing stock market conditions; when something is amiss, you simply sell your stocks, or you go down with the ailing company or companies.

Some of these strong creditors are being protected; because the protectionism would translate to the safety of the large conglomerates like General Motors. Do you think this is a sustainable response to a worldwide problem?

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