Fed, global central banks move to boost financial system

The Federal Reserve said Wednesday that it joined some of the world's major central banks in a coordinated action to inject liquidity into the global financial system as the euro zone's financial crisis threatens to squeeze credit worldwide.

Joining in the move were: the Fed, The Bank of Canada, the Bank of England, the Bank of Japan and the European Central Bank, the Fed said.....
Link to full article

How many times to we have to keep telling our government to stay out of everyone else's business?

Well, once we are financially entrenched into the Eurozone, when they fall we fall.
This mess just keeps getting bigger and bigger. History repeats itself, and another depression is around the corner if we don't get our act together and stop bailing out the world.

An in response to this creation of more money out of thin friggin air, and the corresponding creation of further money out of thin air via interest accrued on the 'boost' of the financial system, the DOW shoots up 380 points right off the hop, thus further creating out of this air another bunch of money . . .

YOu really gotta wonder how bad it really is behind the scenes for governements all around the planet to have to get in on bailing out Europe . . . they must be a lot closer to the brink than the public is allowed to know.

I can just see that bearded friggin' troll sitting in a room full of similar trolls saying . . . OK boyzzzzz . . . we gotta make up some pretend money to cover for the last whack of pretend money we made up to cover up for the other pretend money we barfed into the system four years ago because we were all playing loose and fast with the truth in dealing with the pretend money we really didn' t have in the first place.

Seriously, i really get the impresion that by stepping up yet again with a hard-drive full of extra zeros to throw after some arbitrarily chosen digit means it's a lot worse than we thought.

Too Big To Fail is gonna fail . . .

There must be no more bailout for EU.

The problem with bailing out sovereign EU funds - printing more money or use existing savings to buy more EU sovereign debts will hurt many in the world, if not doom our world.

There is NO ONE questioning why so much funds had already been given, and yet those states still went deeper into debts.

NO ONE, not our leaders and certainly not the Central banks would dare admit to the reality of why it is happening. Corruption, ineptitude, cronism and collusion by EU politicians, bankers and corporations are the cause of the massive drain and loss of such precious savings by others.

German citizens are the ones whom are gonna pay the debts of those corrupted morons in charge, happily spending those windfall away and asking for more, while their citizens go abegging.

To continue to bail them out is to watch more money fritter away.

EU crisis did not happen without a reason. The time for regime change had came for those EU states whose leaders and elites had been sucking their citizens dry. Mafia Italy, Tax evader greeks, Elitist Spaniards, etc, etc are due for some awakening.

The cries from the masses had been heard. There is no stopping CHANGE.

The People will decide on their kind of representation, and be fully responsible as one nation, to find their own way and rationalise on their own direction - to starve or to prosper together, rather than to be dictated by outsiders in collusion with the scrummy lot of local villain politicians.

EU and bailouts will end and citizens freed. Sooner or later. Better sooner so that the world can move on and evolve.

Well, I think this was a well planned exercise to mitigate, and possibly redirect attention from the bank downgrades being issued by the S&P. It also redirects the failing BoA with shares nearing the $5 level.

Way to cover things up!

reply to post by jburg6


Another finger plugging another hole in the dam. ... instead of recognizing, or admitting to ones self, a newer dam is needed.

damn.

I don't quite get stocks shooting up on this news either. We all know the euro is going to fail, and once again us taxpayers will lose our hard earned money that we did not want and did not authorize to be farmed out to a doomed system.

Originally posted by jburg6

The Federal Reserve said Wednesday that it joined some of the world's major central banks in a coordinated action to inject liquidity into the global financial system as the euro zone's financial crisis threatens to squeeze credit worldwide.

Joining in the move were: the Fed, The Bank of Canada, the Bank of England, the Bank of Japan and the European Central Bank, the Fed said.....
Link to full article

How many times to we have to keep telling our government to stay out of everyone else's business?

edit on 30-11-2011 by jburg6 because: (no reason given)

I don't think the US government can stay out of other peoples businesses because these entities are so enchrenched and if one goes down they will fall like dominoes! As for the article you posted. I would like to know
how these central banks can make money any less expensive for these banks to borrow since some of them are paying less then 1%? I believe this is just disinfo as usual and given that most people don't know what the heck is happening but they do expect things to get much worse, as they will! This ruse is mainly to get peoples confidence back, to get them out of precious metals and back to investing in the stock markets! Once the majority are back in the markets these people at the top will quietly buy up the PM as they sell worthless stocks!
Expect to see news of "gold bubble about to burst"! When does the MSM ever warn of a bubble bursting?

anyone who is short is getting blown out today

market is going to highs again

fed and central banks are going to bailout the system and print money

wake up folks


those of you who continue to bet on armegeddon daily will lose

There is not enough paper in the world to print the amount that is needed to bailout every state. Do know that every major economy is deeply in debt.

Even if they could, it would only devalue money to that of a piece of paper. How many pieces of paper do you think a famer will accept for his wheat or corn? How many pieces of worthless paper do you think oil producers will accept for the oil needed to treat and sanitised your city's piped water?

Printing paper backed by nothing can only be done if the masses are ALL simple illiterate goatherders. Unfortunately, there only a few goatheders left in this world. Many are far more literate than the elites realizes, and that trick will crumble like a pile of cards stack high, and it will be terrible, the minute official confirmation had came that they are indeed printing money, or a sudden influx of liquidity in an impoverished world. No self respecting biz entity will accept worthless paper.

The central banks and the corrupted entity call the Fed is doing the only thing they can do to delay the growing bubble of debt that is taking hold of the nations around the world if they don't bail themselves out it will burst.

That is what they are doing, loaning and borrowing funds that do not exist to each other knowing that the nations involved could never repaid the interest in the loans already in existence.

Is a scam, nothing but a big corrupted scam.

This entities created the national debts of countries and now they can not stop the debt from growing and consuming all of them, the next step is to consolidate nations into one big debt pot so the debt can be manipulated more.

reply to post by marg6043


I think their just trying to buy time and grap up as much gold that they can before the crash. I would not want to be in the board meeting at the FED. Those guys there are smart and they all know the end game is coming.

reply to post by camaro68ss


They are smart alright, but when you are too smart, arrogance also can be your downfall, then stupidity set in, making the entire global economic system into a big experiment to satisfied the elite few agendas without taking into consideration the populations been affected is not only arrogant, corrupted and at the end stupid.