Prospects Remain Dim for Financial Services [View article]
Steve,
Stand back and look at this from another perspective. We've had a full decade of destrustion and now we are getting a decade or reconstuction; a depression and recovery in internet time. The carnage is obvious even through the time has been compressed. The present stimulus will function as a world war did 60 years ago. Only now the entire world is dancing to a capitalist tune. The value of the US franchise remains atop the world despite our mortgage-backed dalliances and bankrupt status. It's a recovery, there is no Great Pumpkin.
Prospects Remain Dim for Financial Services [View article]
Stand back and look at this from another perspective. We've had a full decade of destrustion and now we are getting a decade or reconstuction; a depression and recovery in internet time. The carnage is obvious even through the time has been compressed. The present stimulus will function as a world war did 60 years ago. Only now the entire world is dancing to a capitalist tune. The value of the US franchise remains atop the world despite our mortgage-backed dalliances and bankrupt status. It's a recovery, there is no Great Pumpkin.