posted on Mar, 11 2009 @ 11:50 PM
Glad this mess is over.
Since it's over and it is time to make money, any stock to suggest ?
GM, Ford, Chrysler, BoA, Citigroup, Microsoft, Google ????
Real estate maybe ?????
Honestly, We all wish it's over.
The freaking problem could be that it is over !!!!
When the money will start running again in the system, because it is over.
The Fed and central banks will have to control or stop inflation. They will sell treasury bonds, but more likely raise interest rates.
So much debt created with bailouts, the states will have tremendous times paying the debt and interest on it.
There will be no other choice than raise taxes or bust if they cannot sustain the burden of debt.
Back on starting box.
Sorry, I don't see an exit of this crisis any time soon, The ups seen on the Dow is probably a dead cat bounce, Or a push from inflationary force,
underlying a debasement of currency.
There is some bucks to do in a rally, 3 X ETF are risky, even if FAS made some 38 % tuesday.
The worse case would be to abandon the mark to market. Good business, with good standing will be penalized, being mix-up with corporate tramps, and
As an investor you won't even trust any balance sheet, What will be your referal to buy or sell ? A company is not richer because of a wishfull
It is going to lead to a bigger crash.
1) What they have to do, IMO, is devaluate the currency in order to sustain these new debts and create equity on hard assets.
2) Declare ''force majeure'' suspend bet such as CDS for those you have not ANY loans or interest to protect, like any insurances contracts, you
must have something at stake to contract.
3) Let the bad guys fail.
4)Set new regulations for fiscal evasion.
5)Reinstate closets between banks, insurances and brokers.
6)Nationalize the fed (for US ) as suggested by Dr. Paul.
7) Suspend naked short selling for a while.
8) Being serious with rules inforcement (SEC).
Anyways I'm not Geithner, nor Bernanke. But I don't share your optimism.