All Posts Tagged With: "financial markets"
Acts of Desperation Calm Financial Markets
Last weeks acts of desperation calm financial markets but for how long?
The Federal Reserve Bank under Ben Bernanke has been hyperactive over the past few weeks. To some financial analysts the Fed’s acts were justified and will help to restore liquidity to the markets. To others the acts look like acts of desperation that have calmed the markets for now but for how long. In fact as investors begin to realize just how close the US system was to a complete meltdown even greater fear and panic may develop.
I tend to side with those who think that having the government become the dumping ground for billions of dollars of toxic waste CDO’s and other near worthless paper is a very bad idea.
24Mar2008 | taipan | 0 comments | Continued
Barack John
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Hi Taipan- I just found your blog. I think your thoughts are right on the mark. It's not ...
Hello Eugene,
Thanks for taking the time to read the post and for your comment.
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Quite right,too.
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A very interesting and informative post, Taipan, even if depressing.
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