 | | Re: A hypothetical economics question... (long) —Lester Witter
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| | | (...) loans. If the individual defaulting has trouble with credit, what happens when the entire system (everybody) defaults. Think of the people that were reluctant to put money in the bank after the Great Depression and all the bank defaults. The (...) (23 years ago, 6-Mar-02, to lugnet.off-topic.debate)
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| | | | | Re: A hypothetical economics question... (long) —Christopher L. Weeks
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| | | | (...) Then lenders will be reluctant to loan. But that doesn't mean that they won't do it ever again under any circumstances. They'll just make the loan's terms more favorable to account for the risk. (...) I understand that this is what the FDIC (...) (23 years ago, 7-Mar-02, to lugnet.off-topic.debate)
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