New World Model based on "Limits to Growth" model

[Quinny]

So you can just ignore the print our own money to buy our own bonds as legitimate means of bailing out the system. That's not fraudulent or funny money then?

[yesplease]

Given the alternative I can't say that loans seem all that bad. If we had all the major banks and automakers go bankrupt at once, the situation would've made the GD look like a cakewalk. As it stands, even though the government is losing money on the interest, loaning those companies enough to stay on their feet and letting them pay it back over time isn't too bad. Granted, there were the straight up give aways to AIG and co under BushCo, but just like the no-bid contracts that's more about cronyism than anything else.