No Happy Endings in the Credit Crisis [View article]
The plan only needs to support the market until the elections. Each time the market drops, Obama gets closer to McCain and of course Bush is not happy about that. The question is: what are the consequences of this huge liquidity injection? Inflation. We are already in a global inflationary environment and this will just make it worse. High inflation + flat salaries + increased unemployment = depression?
-
The plan only needs to support the market until the elections. Each time the market drops, Obama gets closer to McCain and of course Bush is not happy about that.
Sep 19 13:06 pm
|Rating:
0
0
All Comments by LA »No Happy Endings in the Credit Crisis [View article]
The question is: what are the consequences of this huge liquidity injection? Inflation. We are already in a global inflationary environment and this will just make it worse. High inflation + flat salaries + increased unemployment = depression?