Global Policy Failure?

[noonereal]

http://online.wsj.com/article/SB1000...979117210.html


Thoughts?

"Markets around the world are seeing sharp moves, with stocks plunging, the yen soaring and Treasurys rallying, amid fears that policymakers are running out of options to revive a slowing global economy ."

Is this recession going to become a depression in spite of everything?

[finnbow]

Who the hell knows? History seems to indicate that when everybody's talking about how bad (or good) the economy is, it's about to head the other way. Just before the crash, everything was peachy and people thought that the housing market could only head upwards.

It may be a great time to buy stocks or real estate and sell gold.

[d-ray657]

Originally Posted by finnbow

Who the hell knows? History seems to indicate that when everybody's talking about how bad (or good) the economy is, it's about to head the other way. Just before the crash, everything was peachy and people thought that the housing market could only head upwards.

It may be a great time to buy stocks or real estate and sell gold.

I wonder if the economic gap between the rich and the working people is as great in other western countries as is is here, and whether, like here, the gap is growing.

Regards,

D-Ray

[noonereal]

Originally Posted by d-ray657

I wonder if the economic gap between the rich and the working people is as great in other western countries as is is here, and whether, like here, the gap is growing.

Regards,

D-Ray

not likely, if it were they would take to the streets

only in america do people take to the streets to support the rich (teabaggers)

[BlueStreak]

Originally Posted by noonereal

http://online.wsj.com/article/SB1000...979117210.html


Thoughts?

"Markets around the world are seeing sharp moves, with stocks plunging, the yen soaring and Treasurys rallying, amid fears that policymakers are running out of options to revive a slowing global economy ."

Is this recession going to become a depression in spite of everything?

Glenn Beck says so. So it MUST be true.

[Combwork]

How will a global recession affect countries like China or India? They make a lot of the stuff we buy; if we stop buying they stop selling.

Reverse policy? The East bails out the West???

[d-ray657]

Originally Posted by Combwork

How will a global recession affect countries like China or India? They make a lot of the stuff we buy; if we stop buying they stop selling.

Reverse policy? The East bails out the West???

The East is already carrying much of our debt.

Regards,

D-Ray

[merrylander]

Geez, if people stop buying iphones and ipads and such China's Foxcomm will go broke. On the bright side maybe the girls would stop jumping from the sixth floor balconies.

[whell]

Originally Posted by noonereal

http://online.wsj.com/article/SB1000...979117210.html


Thoughts?

"Markets around the world are seeing sharp moves, with stocks plunging, the yen soaring and Treasurys rallying, amid fears that policymakers are running out of options to revive a slowing global economy ."

Is this recession going to become a depression in spite of everything?

This assumes that the "global policy makers" were actually attempting to revive the economy, or knew what the hell they were doing, and that the collective efforts of the politicos in Washington and the Fed ever had a chance in hell of having a positive economic impact.

[whell]

Originally Posted by finnbow

It may be a great time to buy stocks or real estate and sell gold.

This is the true difference between the "haves" and the "have nots". Just when it might be the right time to buy, most of us barely have two nickles to rub together!