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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: koan who wrote (87659)10/3/2008 5:38:21 PM
From: mishedlo3 Recommendations  Read Replies (4) of 116555
 
Bailout Bill Passed, So What Happens Now?
globaleconomicanalysis.blogspot.com
Congress passed a $700 billion bailout package today. It was a total and complete waste of $700 billion. It further depletes the pool of real funding.

Yes, the Fed has started a monetary printing campaign. Yes, the SEC will suspend mark to market accounting. So what happens now? ...
Mish
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