\ WRONG. Feds are in control, they always have been, once these guys start cutting rates they dont stop. Investors will come back to market when SPX makes a move above 1400 and turns bullish..
The Fed seemed efficient and in charge by quickly defusing the BSC situation, but then they cut rates???? What the F they were thinking??? You dont defuse a panic by further crashing the dollar... Asia really really doesnt like a weak dollar so this bloodbath is entirely the Fed's fault. Amazing ineptitude.
worth watching... <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/4n3g5lUgkWk&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/4n3g5lUgkWk&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object> http://www.youtube.com/watch?v=4n3g5lUgkWk
List of countries by current account balance http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance #164 United States -747,100 million US$.
Your a legend in your own mind. You call your persoanl account a "hedgefund"??? If you had a real hedgefund, you'd allready have made the hedgefund implode-o-meter website based on your rants.
Two problems with your thinking: 1. US can print it. Other countries cannot. 2. If dollar goes to zero, the minuses and pluses all converge to one fat number. It is called the fat ZERO.