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FT - US set for âbig bangâ financial clean-up
- Thread starter Cdntrader
- Start date
They've already done everything that could be done. They done so many bailouts, stimulus bills, fed market manipulation, etc. Meaning ironically the more they do the less of an impact it has. The market also realizes the many possible unintended consequences of this money printing and bailouts. If they keep doing more of the same for much longer I bet the market breaks to new lows.Quote from dumpandbasher:
These officials have seen it happen so many times by now. Announce something and see a one day rally (if that long), only to be followed by sharp tanking. Makes one wonder if this big bang will include something surprising that will cause a sustained rally.
Quote from kxvid:
They've already done everything that could be done. They done so many bailouts, stimulus bills, fed market manipulation, etc. Meaning ironically the more they do the less of an impact it has. The market also realizes the many possible unintended consequences of this money printing and bailouts. If they keep doing more of the same for much longer I bet the market breaks to new lows.
There is a window of oportunity here. Everyone I talked to in 2008 were postponing purchase or selling of their home until 2009. By the time the winter is over we need a domino effect to help start develeraging the realestate market. Fed has perfect oportunity to be the catalyst.
Available credit ->oportunity to sell (at small loss) ->oportnity to buy (at smal loss). Rinse and repeat until realestate hits the bottom.
It wouldn't work if Obama cuts executives compensations.
On the other note: competing with China, there are no easy way out, unless American want to do dirty and labour intensive back breaking works(no porno jokes), instead doing government/financial paper-pushing jobs.
Better learning the theory of division labour before bashing China/India for stealing American job, you just make a fool out of yourself. LOL
On the other note: competing with China, there are no easy way out, unless American want to do dirty and labour intensive back breaking works(no porno jokes), instead doing government/financial paper-pushing jobs.
Better learning the theory of division labour before bashing China/India for stealing American job, you just make a fool out of yourself. LOL
So Obama wants to shake up the financial world. More likely they will shake him up.