Strangely governments have worked out a way they can eat their tails by allowing the central bank to engage in QE to absorb the unsold bonds and keep government financed until no one trusts money at all. Even so, people must have it to pay taxes etc. It seem the real threat to the US economy is the cutting down of US treasury purchases by overseas participants because even with QE the US can't internally finance its debt without forcing everyone in the US to realize the US government has spend so much there is not enough money for the free market and capitalism as we know of it.

I will certainly let you know when I become a bull again, although about as many people will disagree as when I was bearish.

They better wait until the meltdown or we will have to dump so much money there will be currency crisis and delegitimize our monetary standing.

The market will be begging for more QE by December and will be in a clear downturn by the beginning of the year even if the Fed pulls all its punches and leaves the economy to deal with its daft behavior and inability to do much when the real downturn hits.

Already the Federal Reserve doesn't have enough powder to deal with an even moderate cyclical downturn. Piss poor policy.

There is little fear in the market and not a single catalyst yet. Buying now is still buying on the way down. Wait until the correction is done.

Sadly these firms have been allowed to grow even more purposefully so that they threaten the well being of America. Sadly, their objective is to hold America hostage and will do whatever it takes to grow to the size required for the taxpayers to pay for their egresses including terrible misbehavior that constantly gets penalized by government lawsuits. Like they care, the taxpayer is at fault.

These dogs need to be broken up and their leaders need to be held accountable. Simply penalizing the firm monetarily mean nothing just like living wills mean nothing. The whole purpose for their girth is to prevent a orderly liquidation in the first place.

No. Oil's been declining for a long time. In fact it is a benefit to the economy. What is taking oil prices down along with the market and the economy is an end to the business cycle that has been artificially propped up by the central bank and government for way to long with no real results to household income growth or percentage of people working in America, not that this was the objective. It was more about feeding insiders and bankers fat faces despite the suffering of the rest of the public. It is essentially the same old trickle down theory of Ronald Reagan except this time its Washington insiders and bankers rather than the wealthy.

Sure a little food fell off the buffet table for others to eat, but that was not the reason for the buffet.

It's good they are acting before a crisis develops. The US seems to have less control waiting until it blows up in their face before acting. Speaking of which. The new bubble if forming as wee speak thanks to government financed housing, student loan debt, and free money politics to banks that ends up pushing up stocks and asset prices rather than fueling business growth or loans to the public or private firms.

Sadly the Bush Jr. As well as Obama administration have shown complete lack of discipline, foresight, and a utter rejection of free market capitalism. Thus political party matters little as well wallow in a increasingly socialist stew just like all the others that abandoned capitalism.

The creation of money and the ripping off of the public in doing so has been around since it was invented and doesn't seem to be going away simply because those who control it won't give it up. In the meantime they get the masses to bicker over the seizing of money through taxation and the allocation of the money seized keeping the wizard firmly behind the curtain as he does his obnoxious tricks.