Posted 3 years ago on March 19, 2013, 8:18 a.m. EST by OTP
from Tampa, FL
This content is user submitted and not an official statement
As long as these events keep happening far enough apart, there doesn't seem to be enough people blinking to stop the next one. Hence the slow ride to the bottom continues.
Predictions on when Obama and Bernake increases bailouts from their current 85Billion? Every round of bailouts has less of an effect, so they needed to do them quicker and quicker.
Now we are in constant bailout mode, so the only option is to then increase the amounts. At 85Billion currently, its hard to imagine the markets tolerating something around 120B a month (1.4Trillion per year).
Of course, who would have thought they would have been to get away with what they already have.....