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
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
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'
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
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