Even if Bernanke's plan works (which I highly doubt), the underlying problems of this mess are still all there, festering away below the surface. And even if they managed to start a bubble in stocks to compensate the deflation of real estate (which I highly doubt), it's just a surface fix, just buying time.
The problems are systemic. We can't survive forever on speculation and creating money out of thin air.
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Even if Bernanke's plan works (which I highly doubt), the underlying problems of this mess are still all there, festering away below the surface.
Jul 22 13:59 pm
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All Comments by Roman_Fiddler »Bernanke Is a Man with a Plan [View article]
And even if they managed to start a bubble in stocks to compensate the deflation of real estate (which I highly doubt), it's just a surface fix, just buying time.
The problems are systemic. We can't survive forever on speculation and creating money out of thin air.