Another day . .another billion dollars
"You've got to be kidding?!" If that was your reaction this morning to the news that the Federal Reserve was going to pump $800 billion more into the economy, then you were on the same wave length I was.. The FED's goal: Make it easier to get credit for homes, schools, and cars. . And wasn't overdoing credit the reason for the mess anyway?
Nonetheless..While the nation gets close to the borderline between economic paralysis and complete financial madness, there were a few other news notes today, besides the struggling dollar and the mess the economy appears to be in: There were riots in Iceland after the bankruptcy of the nation has caused turmoil in the streets.. New fears that Britain is going bankrupt .. And the Drudge Report headlining a story today about a Russian political analyst that predicts the United States will break up into pieces..
It's all good news.. right?
Minus away this, there's a ton of reasons to be thankful for. Hopefully you were thankful for something you bought on credit, though, because if so it's looking like you're waking up from a drunken one night stand.. shamed and regretful.
Buy up!
Labels: depression, Economy, financial crisis, Money, recession, Wall Street












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