We're running on damage control. TARP. The calamity of unemployement , extend benefits. The calamity of people kicked out of their homes, moratorium on foreclosures. Imo, these are unexpected outcomes for crisis. In that light, what's the next problem and the next unexpected bailout? Currently I think we are working with known problems. Terrorism, would require a re-action rather than take action to the market problems as we do now.
sea bed to water surface distance decreases substantially = Wave height increasing -------------------------- -------------------------- first wave @ 600 m.p.h. hit Oct 2007 thereafter as the receding wave aka 2nd wave or wave 2, pulled back to far out, far further out than normal at the various beaches, but has anyone noticed? NO. The party goes on and nobody has even noticed that the ship called USA has a cracked hull - poverty, REAL unemployment @ 22% et., etc., 3rd wave approaching @ 1,400 m.p.h. when wave height hits 30 feet there will be no mistaking it. That will be the catalyst.
I'm waiting for the next terrorist attack, the stocks will drop to the lowest points in the ENTIRE history of this country. Then I will buy buy buy and live in hapiness.
I don't believe there will be an terrorist attack. Obama is just using the Bush playbook. The market will probably go sky high as the Fed collapses the dollar with QE2.