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

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To: patron_anejo_por_favor who wrote (97359)5/10/2009 11:38:59 AM
From: Steve Lokness  Read Replies (1) of 116555
 
Don't you think the stress test was just this administrations version of the "bank holiday"? Meant to only restore faith in those banks still standing after the mess of the the fallout from the stress test settles? A bank holiday without closing the banks? Time. We need time. Time to deleverage - both people and banks and investors, time for housing to reach a bottom, time for banks to figure out a way out - for those that can.

I'm sure not convinced it will work. But worth a try?
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