The US govrnement recently approved a 700$ billion bail out package to Essay

The US govrnement recently approved a 700$ billion bail out package to help stabalize the U.S DO YOU SUPPORT OR OPPOSE THE PACKAGE TAKE A POSTION AND IN FIVE PAPRAGRAPHS DISCUSS AND JUSTIFY YOUR POSTION - Essay Example eby stock prices kept dropping, on the other hand this was the only way to improve on the liquidity position of banks whereby banks lacked financial capital, if this actions were not undertaken then the cost of borrowing would have increased. The action by the government improved investor confidence whereby days after the approval of the bail out stock prices started to increase, if actions were not undertaken immediately a worse scenario would have resulted affecting even other economies of the world. Therefore immediate actions to stabilize the market were an appropriate decision. However many individuals disapprove the actions undertaken but in the case of a crisis like the one experienced, immediate actions had to be undertaken to avoid adverse effects such as an unstable financial market, high borrowing rates and unstable