Dunno, Slick.
All depends how much more bad news is lying in lumps under office carpets. Every time we think its over out comes another disclosure. Ok, so rate cuts are inevitable, but what will Ben do when the rate hits 0 and the problem persists? Like someone else said, injecting funds into the banking systems is still just creating debt, isnt it?
I'd love Dirk to be right, but I think there is still a big hollow under the crust of their failing economy.
GZ
Dunno, Slick. All depends how much more bad news is lying in...
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