We are all questioning finances these days. How can any one not look at their bills, job, savings and think, "Is this enough? Am I prepared for what is to come?"
Mansoor H Khan brings an interesting thought to the FDIC. Shut it down and transfer all loan risk to the private sector and move the handling of money over to a government run institution. In a sense, he is suggesting to remove all risk from money storage and allow private enterprise run the loans.
Unfortunatley, this would lead to high interest rates and new home ownership would sink to the lowest levels, but a new prospective is always welcomed. What do you think?
No comments:
Post a Comment