Inefficiencies and losses within the U.S. financial system;

Discussion in 'Politics & Religion' started by Incorporating, Feb 18, 2009.

  1. #1
    inefficiencies and losses within the U.S. financial system; The US may start transferring those inefficiency and losses to the rest of the world by supplying them with more worthless dollars. ............



    Obama signed into law a $787 billion economic stimulus plan.

    "First of all, we have to address the housing market and the more plans that are needed and the more plans that are announced — this is all part of the process," said Steven Goldman, chief market strategist, Weeden & Co., in Greenwich, Conn. He said it will take time for investors to determine whether the plans are working and that the lingering unknowns will lead to more volatility in the stock market............

    http://news.yahoo.com/s/ap/20090218/ap_on_bi_st_ma_re/wall_street
     
    Incorporating, Feb 18, 2009 IP