Bush Bailout
On Fri, 14 Nov 2008 21:51:00 -0800, Curly Surmudgeon
wrote:
On Fri, 14 Nov 2008 14:41:18 -0600, F.George wrote:
In less than 3 months, over 5 trillion dollars has been "injected" into
the market. The exact amount cannot be determined.
This is only the amount the US has committed to so far. Europe, Russia,
Germany, Japan and China just about sum that much by themselves.
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Indeed, which again indicates this is not a *LIQUIDITY* problem,
as it would have been solved [several times over] by now if this
was the case.
I again ask: "where did/does all this money go" and "where did
all the money go [and come from] that was involved in the oil,
metal and commodities (food) bubbles?"
There is something far more rotten and systemic that a simple
cash flow problem at work here.
Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).
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