There was a crash and credit crunch at the end of last year. Then, the feds panicked. They fought back with monetary and fiscal stimulus. Rates were cut to nearly zero. The Fed flooded the system with cash and easy credit – buying up Wall Street’s bad investments…propping up bad banks…and guaranteeing trillions worth of bad debt.
July 16th, 2009 | Bill Bonner | 0 comments | Continued Our DR Global Editions: 
Monday, March 22nd, 2010
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The Markets
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S&p/asx 200 4833.90 -38.30
Sse Composite Ind 3062.60 -5.15
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Nikkei 225 10824.72 +80.69
DJIA 10741.98 -37.19
S&P 500 1159.90 -5.92
Ftse 100 5650.13 +7.51
2010-03-22 00:07 Most Comments
- Majority of Australians Believe House Prices Will Rise in Next Twelve Months (292)
- A Date for an Aussie House Price Collapse (251)
- Australian Housing More Unaffordable in 2010 (201)
- Australian House Prices Are Severely and Seriously Unaffordable (184)
- Tell Us What Questions You Want Answered in the DR (173)
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WTF's link takes another interesting path with Weimar and the consideration that must be given to sovereign debt (& liabilities).
It ...
Ross | 22Mar10 | More -
Every now and then, when prejudices can be stood aside, Denninger gets lucid :
http://market-ticker.denninger.net/archives/2104-How-Far-Down-The-Rabbit-Hole-Must-We-Go.html
quote
"The Truth is that we now require ...
Ross | 22Mar10 | More -
Scientella: "How can I bet against the Australian house market?"
Joining the Scientellagists is a good first step. As our leader, ...
John | 22Mar10 | More -
Yeah, I wasn't planning on rushing to Zim in a hurry either, merely pointing out that Greece and Japan are ...
wtf | 22Mar10 | More -
How can I bet against the Australian house market?
scientella | 22Mar10 | More -
I met a crew last Winter who were destroying a perfectly good bridge (according to their own admission) and replacing ...
Lachlan | 21Mar10 | More -
Anti discrimination laws??? So i can't say its the FIRB rules not being enforced allowing in chinese and poms to ...
Tereence | 21Mar10 | More -
Oops just to make clear. If the status quo remains Im still optimistic. Despite some setbacks the status quo is ...
Lachlan | 21Mar10 | More -
SV I like the tone of your posts. I am an optimist but in a sense that precludes a continuation ...
Lachlan | 21Mar10 | More -
SV: "I can see one positive of every worker having somewhat lower income - we all will pay less tax!"
I ...
Biker Pete | 21Mar10 | More
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WTF's link takes another interesting path with Weimar and the consideration that must be given to sovereign debt (& liabilities).
It ...
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