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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (463083)3/12/2009 12:33:22 AM
From: tejek  Read Replies (1) | Respond to of 1577883
 
markets deal with reality

(or perceptions of future reality)

Which is why they would likely be higher without all this new government spending.


The markets are not higher because of the uncertainty with the banks. Markets hate uncertainty.



To: TimF who wrote (463083)3/12/2009 5:53:56 AM
From: Road Walker  Read Replies (1) | Respond to of 1577883
 
(or perceptions of future reality)

Perceptions of future reality would be lower without the government spending. So would the markets...

Imagine if Citi, AIG, BAC, GM, Chrysler and others had all been allowed to fail. And all those that are intertwined or dependent on them had failed. It doesn't take much imagination to figure where we would be today.



To: TimF who wrote (463083)3/12/2009 1:07:53 PM
From: combjelly1 Recommendation  Read Replies (1) | Respond to of 1577883
 
"Which is why they would likely be higher without all this new government spending."

Can you stop just making shit up for a single post?

The markets are down because banking is doing awful. Inventories are growing and sales are off. These things are not happening because of the spending. In fact, without a lot of the spending, we would be facing global failure of the financial system. Which the market would take poorly. International trade has fallen by the largest percentage in 80 years. No one with any brains takes that as a good sign.