The Bubble
Currently, the US is trying to stop the bubble from bursting. Furthermore, it is adding more "soap" on the bubble to strengthen it and meanwhile, tries to add more "air" to the bubble to create liquidity.
The fall of Bear Stearns and others were just pops of smaller bubbles. The economy is so leveraged with assets inflated and massive trade deficits that they may as well press the reset button because in the long run, they will be dead.
If uncle ben manage to save US, the next bubble will be massive if they do not learn from this lesson. And he will ensure that it will be ok until he steps down from his position.
Well, no one will learn because the basic fundamental to capitalism is profit. As long as it grows, it is good. (yes, even if it's debt (Well we can always fill for bankruptcy)).
Pop goes the weasel!!!
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