五千年(敝帚自珍)

主题:2012 大选周记 之一 -- 切地雷

共:💬1263 🌺6583 🌵36
全看分页树展 · 主题 跟帖
家园 without QE1, 2, and 3, it

would not be 59%, it would easily be 80%. Obama won this election because of the Fed Reserve's help.

Put the Fed Reserve policy in 1929 in today's America, Obama would be kicked out in the first 3 hours on the voting day.

Ben used all kinds of extraordinary tricks to manipulate market. But he can not support risky asset market--thus the housing market, consumption, forever--he only delayed the day of reckoning and the FEDERAL GOV. MUST NOW ACT TO reduce long-term risk to the financial system.

Greenspan told Clinton the same message in 1992 and Bill was so smart to get it fast. Obama knows IT but he would not act, because he can not bite his feeding hand.

全看分页树展 · 主题 跟帖


有趣有益,互惠互利;开阔视野,博采众长。
虚拟的网络,真实的人。天南地北客,相逢皆朋友

Copyright © cchere 西西河