No more bubbles for a while. Nothing left "to bubble up"... What the economy NEEDS is for people who are non-wealthy to get some [additional] money into their hands to "spend in the economy". That money will come from reduced taxes (on them, but higher taxes on the wealthy), subsidies, stimulus packages, tax credits, print-money inflation, greater deficits, currency debasement, etc. That will be the function of Socialistic "spreading the wealth around". Even if McCain were to win, the Socialistic approach would have to be used... it's all that's left. The next go-round will be one of "conuming our assets"... no growth.
lets see we are in this current "crisis" because of: low interest high liquidity high risk tolerance with no consequences how do we fix it: low interest high liquidity high risk tolerance with no consequences make sense, the causes of the problem becomes the cure
Study Japan 1990 Socialism has killed all future bubbles comrade gnome, I wrote the above first, then I saw your post lol Great minds think alike.
Might want to look at that one again. Looks like the dollar might have peaked. My thinking is the dollar rose because of fears of deflation, fears in general, and deleveraging. With the latest GDP report, I think it's becoming clear to the world the US is more than willing to take care of our problems by printing as much as is needed. I'm definitely not entirely sure, though, and I'm getting tired of having to re-evaluate it every day. It's for darn sure our politicians have proven they have no problem destroying the money of every American who actually has savings instead of debt.