Re: Cherrypickism spreads in USA.

2008-10-14 Thread [EMAIL PROTECTED]
Paulson Anticipates Buying Stakes in Thousands of U.S. Banks http://www.bloomberg.com/apps/news?pid=20601087&sid=avTU6YuLG_Mw&refer=home Oct. 14 (Bloomberg) -- Treasury Secretary Henry Paulson plans to use $250 billion of taxpayer funds to purchase stakes in thousands of financial firms to halt a

Re: For my friends: Please, stay in crisis mode.

2008-10-14 Thread [EMAIL PROTECTED]
Thank you very much. (Cincy) I feel more relaxed. I do not know what stock markets will do. I am not an expert on that. But, it is not just how many dollars one thing costs, for example equities. Because the price of the US dollar also changes for the regular family, I mean price inflat

Re: For my friends: Please, stay in crisis mode.

2008-10-14 Thread CincyBabe
Thanks for the reality check, Xi. Last week my husband was profoundly depressed because of the market (and because he didn't listen to your advice, via me), but I told him to expect worse, and that seems to have helped some. I have some cash that I hope to reinvest when the market bottoms out. I'

For my friends: Please, stay in crisis mode.

2008-10-14 Thread [EMAIL PROTECTED]
The rebound of the stock markets, maybe unfreeze of credit markets, etc. might give the perception that the crisis is over. I post yesterday an interview where the recent Nobel prize, Prof. Krugman, states very clearly that "this is just the begining". I posted the predctions from the IMF for 200

Re: News and comments about China´s economy

2008-10-14 Thread [EMAIL PROTECTED]
My comment: Thanks to the drop of commodity prices, price inflation will be under control. Because of that, and because global slow down, we can and have to focuss our effort on development. Not just on growth but on a certain type of growth. I already posted about what sort of consumption we can