Only that the exceses will be paid by the "average john" in USA through taxes (Money must come from somewhere, it is not magic, it is not created from dust...)
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just to get things right. Markets will be all over the place for many months to come. Don't bet your house on it!!
;)
no, shares, stocks, QT.
:)
QT, the "funny" thing is that "short" sales will be or (are banned since yesterday)!
If you trade forex you can still short, plus its the volatility that makes you all the money!
Ka-Ching! lol
eu61, you are 100 % right. The 50 billion fund that Bush proposes must be paid by the American tax payer. There is no alternative.
There is no real good news from the markets.
Only that the exceses will be paid by the "average john" in USA through taxes (Money must come from somewhere, it is not magic, it is not created from dust...)
So there will be bad times for USA and the dolar.
War looking for peace,
is like fornication looking for virginity.
The financial crisis is not resolved yet. The total of "write offs" from banks is now 200 billion US Dollars. I think it will go down again.
...from its lowest point of the day ofcourse!
Not bad at all!