See What People Are Saying About... Encouraging Debt To Jumpstart Economy

Thursday, 19 Mar 2009 | 12:46 PM ET

Can a crisis that started because of excess credit be solved with more debt?

That’s a question that’s come up time and again on Fast Money. As you might know, skeptic in residence Jeff Macke has his doubts.

Yet the refrain out of Washington places a lot of credence on the ability of debt to revive the country's economy.

U.S. Treasury Secretary Timothy Geithner says without credit you can kiss recovery hopes goodbye. And Federal Reserve Chairman Ben Bernanke makes the case that economic system is critically dependent on the free flow of credit.

On top of that, many economists have made the case on CNBC – that you can’t save your way out of recession.

So we decided to make our Fast Money Reader Poll short and sweet. Can a crisis that started because of excess credit be solved with more debt?

Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep your comments private? Send those questions and comments to fastmoney@cnbc.com.

CNBC.com with Reuters


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