Paying off your debt by printing money was tried in Hungary during 1946 and Germany in 1923, but it resulted in completedevastation and hyperinflation.
The credit crisis triggered a series of unprecedented spending measures from the United States and foreign governments to rescue the financial sector and avoid complete economic devastation.
Ms. JAN JONES (Senior Vice President, Harrah's Entertainment): For our employees, the industry was such a driver of the economy in Mississippi and the devastation was so complete.
The devastation was so complete, Moore Mayor Glenn Lewis said city officials were racing to print new street signs to help guide rescuers and residents through a suddenly twisted and unfamiliar landscape.