If it wasnt for the Fed printing money and borrowing from every Tom Dick and Harry, we would probably need a bailout like Greece, Ireland, Spain, Italy, etc...
Banks Face $3.6 Trillion 'Wall' of Debt: IMF
The world's banks face a $3.6 trillion "wall of maturing debt" in the next two years and must compete with debt-laden governments to secure financing, the IMF warned on Wednesday.
The IMF and European Union bailed out Greece and Ireland, and are in talks with Portugal on a lending program as sovereign borrowing costs surge.
US banks built up capital buffers in 2009, when regulators completed a set of stress tests that revealed some large holes.
It said government debt was generally high and on a worrying upward path in many advanced economies.
It repeated its warning that the United States and Japan faced particularly dangerous debt dynamics.
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