InvestorsHub Logo

highline

10/11/09 2:50 PM

#172109 RE: CSykes #172108

I've talked with business men who have said that small business stood a chance when the banker was lending "his" money vs acting as a loan agent.

PegnVA

10/11/09 4:25 PM

#172112 RE: CSykes #172108

IMO in today's world economy, your "proof of concept" wouldn't work - Could it work in only the US economy? I'm not even sure of that.
The concept of peer-to-peer lending, like neighbor-to-neighbor lending, sounds nice but how do you propose it be policed in a world-wide economy?

Instead of throwing the baby out with the bath water, why not focus on improving the Fed Reserve?