brianoh

Google's Checkmate Was Three Moves Ago

The alternatives IMO are M$ and desktop or Goog and Chrome. M$ had their chance, now it is Googs turn. The demise of the desktop has just started. I think it is easy to see what is down the road a bit that will start to make Windows redundant. Power corrupts - true, we have seen it. Let's see if Goog can stick to their mantra. There will always be other big players with vested interests to protect offering alternatives. It is a pleasant change to download something of substance that doesn't take gigabytes. M$ at present appears like a rudderless ship - the M$-Yhoo deal was an absolute fiasco.

Who Benefits When the Fed Floods the System with Liquidity?

"when Easy Al took interest rates down to 1% and held them there for a very long time, it did not stop the Nasdaq from falling 77%. Instead, the liquidity flowed into housing, ..."
The dotnet bubble had already burst at that point and the Nasdaq had lost 50%+. The interest rate cuts were to stop the Dow and S&P falling to realistic levels. These cuts began in 2001. The Dow had risen 10 fold (1000%) in 13 years up to its high of 12000 and was then falling. The liquidity did flow into housing of course and cause the bubble.