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Why take the politics out of this discussion? The reason we came out of feudalism and into capitalism is because it was a better way of gaining power for the elite. Every other country is not copying the western economic policies because they want their citizen to drive with air conditioning...

The IMF didn't make loans to lose money. Ideally with such obviously impossible loans to payoff, they should default, but the IMF has loaned them a few billions and soon will come the demands for pound of flesh.

Anything but wipe out shareholders. They don't want to nationalize the banks. Another stupid idea.

China is too weak to walk on their own. If they were really afraid of loss of value, they would probably spend it massively. They still need a stable USD to export there, so they can't really threaten the US of anything. Also considering the money they lend is not spent on productive uses...

Hey, they managed to get in billions of dollars in a few months, great pressuring and lobbying job! And of course Obama has limited ability to intervene, after you give the biggest bailout in history, it's only natural you forgot to include any oversight of any kind! We know who Obama is...

Harper is an idiot. Every politician will blame anyone but themselves or past decision. They want to hold on to power, right?

They still think the year end S&P 500 will be at 825. This is nonsense.

Maybe swiss investors were already fleeing the country like crazy. Those deposits don't have any loyalty, they'll go where the most secrecy is. Maybe switzerland is trying to get a compromise. In fact look at how much CHF is depreciating.

The funny part is that 60 minutes is supposed to be for the smarter american. Bernanke will just do the usual thing about misleading people. He will say banking is important, therefore it's ok to spend trillions to save it. He won't say whether his attemps will even save the system, or if...

That's not true. Here in Canada there's a channel called BNN and it's very serious and looks out for investors. They frequently have CEOs on and guests. They ask tough questions or rarely do you think the interviewer is throwing them a bone. Why do they do it? Why do the CEOs keep coming...

Aren't those minutes strategically released? If they're cherry picked, then they could say anything during those, sort of a PR instead of being honest and capturing their conversations.

Yeah, this is nothing but politics. When every form of tax goes down except income taxes, what is that called? It's called having higher taxes for the bottom 95% that depend on their income to make it! Is that ever reported? Lamented? No.

Anaconda is not a troll, he taught me something I didn't know today. Anyone who would put someone on ignore because they taught them something new is obviously not interested in making money, they are there for other reasons. And simply using common sense, Anaconda's messages are far...

They can lower interest rates, devalue their currency. Maybe embrace finance like the US did in the 80s. Or like in the 1980s, you increase the national debt by trillions. Is it great economic policy? No, but it does stave off the catastrophe. There are more economic tools at their disposal...

http://www.youtube.com/watch?v=xjf7pbyOOEE

It's like the Mafia, once you're in, you can never get out. The rating companies got in the incestuous Wall Street game and now instead of recovering their reputation they're going even further the same path by becoming political.

Japan was fucked up before the crisis. China has a horrible political system and unrest is always on their mind. Germany? They're being begged by Europe to save them. Hell so is China. Export driven countries might be vulnerable to a world wise economic slump, but their fundamentals...

Alan is a joke, keep pretending it's the 90s, you'll be far happier. WSJ stand today for "brainwashing educated people". Notice I said educated not smart or wise or anything else.

You can't combine assets and economic activity, or sales. I mean, wow, did you ever pass basic math?

Exactly, I heard that they are 80% of the economy. CNBC & co speak all day about large caps, that's all they do. You'd hardly even know mid caps exist, much less companies that are not public. The large caps have far more influence on politics to their size to the economy.