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<p>[QUOTE=&quot;Cloudsweeper99, post: 1135165, member: 3011&quot;]They may have been if the short term credit market collapsed.&nbsp; Few companies can operate when (1) their customers stop paying, (2) their banks won&#039;t finance them, (3) their suppliers stop delivering, and (4) the cash disappears overnight from their balance sheet.&nbsp; Pitchforks sound fun until you are the one on the sharp end of it.&nbsp; I think what people are missing is that QE2 might be the second worst thing the Fed can do, with the worst being to permit a systemic collapse.&nbsp; The correct course of action is to never get into this situation to begin with.&nbsp; But now we are in deep trouble, and it makes no sense to let the patient bleed to death because the stiches might hurt.[/QUOTE]</p><p><br /></p>

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