SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (100668)8/11/2009 1:35:58 PM
From: skinowski  Read Replies (1) | Respond to of 116555
 
The likely payback for all these bailouts is structurally high unemployment and a stock market that goes nowhere for years to come.

I think this would be not the worst of possible scenarios. What could be worse is another wholesale crash in valuations. Being overspent, low on credit and not very competitive in the marketplace is... not a good place to be.

What inspires our leaders to believe that diluting the dollar and borrowing more - and spending the way they do - may help save the day.... is a great mystery. Can't see how it may possibly do any good.